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Monetary Policy with a Credit Aggregate Target

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NBER1982-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0980
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The principal criteria for the selection of an intermediate target for monetary policy are (1) that the target be closely related to the nonfinancial objectives of monetary policy, (2) that it contain information about the future movements of those relevant aspects of the nonfinancial economy, (3)
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1982-09-01
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