Forward Guidance and Durable Goods Demand
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https://www.nber.org/papers/w28066
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资源简介：
Durable goods attenuate the power of forward guidance. The extensive and intensive margins of durable goods demand are both more sensitive to the contemporaneous user cost than to future user costs. Changes in the contemporaneous real interest rate directly affect the contemporaneous user cost and
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美国国家经济研究局创建时间：
2020-11-01
