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Inflation Targeting, Price-Path Targeting and Output Variability

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NBER2003-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9672
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The dramatic improvement in macroeconomic outcomes during the 1990s - stable, low inflation and high, stable growth - can be at least partly ascribed to improved monetary policy. Central banks became more independent and many of them adopted inflation targeting. This paper examines the potential for
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2003-05-01
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