What Ends Recessions?
收藏NBER1994-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w4765
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资源简介：
This paper analyzes the contributions of monetary and fiscal policy to postwar economic recoveries. We find that the Federal Reserve typically responds to downturns with prompt and large reductions in interest rates. Discretionary fiscal policy, in contrast, rarely reacts before the trough in
提供机构：
美国国家经济研究局
创建时间：
1994-06-01
