Evaluating Monetary Policy Counterfactuals: (When) Do We Need Structural Models?
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https://www.nber.org/papers/w32988
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资源简介：
To evaluate the evolution of the macro-economy under alternative assumptions on monetary policy, it suffices, under weak structural assumptions, to know the causal effects of monetary shocks on macroeconomic outcomes. The existing empirical literature estimates the effects of monetary shocks to the
提供机构：
美国国家经济研究局
创建时间：
2024-09-01
