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Credibility and Monetary Policy

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NBER1984-11-01 更新2025-01-04 收录
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The purpose of this paper is to describe and evaluate the most important existing ideas concerning credibility of monetary policy, with special emphasis given to matters pertaining to the U.S. economy and the practices and procedures of the Fed. The main discussion begins with Fellner's hypothesis

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1984-11-01
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