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Credibility of Policies versus Credibility of Policymakers

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NBER1993-09-01 更新2025-01-04 收录
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Standard models of policy credibility. defined as the expectation that an announced policy will be carried out. emphasize the preferences of the policymaker (his "type") and the role of policies in signaling type. Whether a policy is carried out. however. should also reflect the state of the economy

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1993-09-01
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