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Do Monetary Policy Frameworks Matter in Low Income Countries?

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NBER2021-03-01 更新2025-01-04 收录
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Microeconomic evidence indicates a very high frequency of price adjustment in low income countries (LICs), raising the question of whether LICs may be reasonably characterized as exhibiting monetary neutrality. To address this question, we analyze a cross-country panel dataset of 79 LICs over the

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2021-03-01
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