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Some Pleasant Monetarist Arithmetic

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NBER1984-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1295
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Contrary to the conclusion of Sargent and Wallace, it is possible to exogenously and independently vary monetary and fiscal policy and retain steady-state equlibrium in economies like the United States. In particular,the central bank is not forced to monetize increased deficits either now or in the
创建时间:
1984-03-01
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