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Financial Integration and Monetary Policy Coordination

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NBER2024-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w32009
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资源简介:
Financial integration generates macroeconomic spillovers that may require international monetary policy coordination. We show that individual central banks may set nominal interest rates too low or too high relative to the cooperative outcome. We identify three sufficient statistics that determine
创建时间:
2024-01-01
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