Effects of U.S. Monetary Restraint on the DM-$ Exchange Rate and the German Economy
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This paper assesses the quantitative effects of a shift to monetary restraint in the United States on the DM-$ exchange rate and the German economy. The results indicate that such effects are large. If Germany keeps its money growth unchanged, it will tend to experience a sharp and sustained
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美国国家经济研究局创建时间：
1982-07-01
