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How the World Achieved Consensus on Monetary Policy

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NBER2007-11-01 更新2025-01-04 收录
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This article tells how the world achieved a working consensus on the core principles of monetary policy. The story begins with the muddled state of affairs in the late 1970s. It then asks: How did Federal Reserve policy produce an understanding of the practical principles of monetary policy? How did

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2007-11-01
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