Local Monetary Policy
收藏NBER2025-05-01 更新2025-05-31 收录
下载链接:
https://www.nber.org/papers/w33853
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资源简介:
When Federal Reserve districts experience high inflation or low unemployment but lack voting rights to influence FOMC decisions, credit extended to commercial banks through the Discount Window (DW) declines. Our identification strategy is based on the exogenous rotation of voting rights among
提供机构:
美国国家经济研究局
创建时间:
2025-05-01



