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Measuring the Macroeconomic Risks Posed by Asset Price Booms

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NBER2006-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12542
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Modern central bankers are the risk managers of the financial system. They take actions based not only on point forecasts for growth and inflation, but based on the entire distribution of possible macroeconomic outcomes. In numerous instances monetary policymakers have acted in ways designed to
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2006-09-01
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