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The Federal Reserve’s Current Framework for Monetary Policy: A Review and Assessment

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NBER2019-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26002
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资源简介:
We review and assess the monetary policy framework currently used by the Federal Reserve, with special focus on policies that operate through the slope of the term structure, including forward guidance and large scale asset purchases. These slope policies are important at the zero lower bound. We
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2019-06-01
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