Targeting Nominal Income: A Note
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This paper compares nominal income and monetary targets in a standard aggregate demand - aggregate supply framework. If the desirability of policies is measured by their effect on the unconditional variance of output, nominal income targeting is preferable if and only if the aggregate elasticity of
本文在标准总需求-总供给（aggregate demand-aggregate supply）框架下，对比了名义收入目标与货币政策目标。若以政策对产出无条件方差的影响来衡量政策合意性，则当且仅当总弹性的
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美国国家经济研究局创建时间：
1986-02-01
