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Animal Spirits in a Monetary Model

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NBER2016-04-01 更新2025-01-04 收录
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https://www.nber.org/papers/w22136
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资源简介:
We propose a fresh way of thinking about the monetary transmission mechanism. By integrating Keynesian economics with general equilibrium theory in a new way, we provide an alternative model and an alternative narrative to New-Keynesian economics to explain how macroeconomic policy influences prices
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2016-04-01
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