Monetary Policy Lessons of recent Inflation and Disinflation
收藏NBER1987-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w2300
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资源简介：
The decline of velocity in the 1980s is a surprise that should not have been. Economists unwisely relied on a velocity trend of 3 percent per year when they should have insisted on an economic explanation for rising velocity. An analysis of velocity and interest rates from 1915 to 1986 suggests that
提供机构：
美国国家经济研究局
创建时间：
1987-06-01
