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Federal Reserve Structure, Economic Ideas, and Monetary and Financial Policy

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NBER2019-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w26098
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The decentralized structure of the Federal Reserve System is evaluated as a mechanism for generating and processing new ideas on monetary and financial policy. The role of the Reserve Banks starting in the 1960s is emphasized. The introduction of monetarism in the 1960s, rational expectations in the
创建时间:
2019-07-01
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