On the Optimal Choice of a Monetary Policy Instrument
收藏NBER2007-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w13398
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资源简介：
The optimal choice of a monetary policy instrument depends on how tight and transparent the available instruments are and on whether policymakers can commit to future policies. Tightness is always desirable; transparency is only if policymakers cannot commit. Interest rates, which can be made
提供机构：
美国国家经济研究局
创建时间：
2007-09-01
