Does Monetary Policy Matter? Narrative Versus Structural Approaches
收藏NBER1989-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w3045
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资源简介：
This paper compares results from the narrative approach of Romer and Romer (1989) to those from the structural approach regarding the effects of monetary policy on real output. The results from both approaches lead to the conclusions that monetary policy matters and that the effects build slowly
提供机构：
美国国家经济研究局
创建时间：
1989-07-01
