Global Forces and Monetary Policy Effectiveness
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In this paper, we quantify the changes in the relationship between international forces and many key US macroeconomic variables over the 1984-2005 period, and analyze changes in the monetary policy transmission mechanism. We do so by estimating a Factor-Augmented VAR on a large set of US and
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美国国家经济研究局创建时间：
2008-01-01
