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Evaluating Monetary Policy

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NBER2009-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w15385
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Evaluating inflation-targeting monetary policy is more complicated than checking whether inflation has been on target, because inflation control is imperfect and flexible inflation targeting means that deviations from target may be deliberate in order to stabilize the real economy. A modified Taylor
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2009-09-01
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