The Effects of Monetary Policy Shocks: Some Evidence from the Flow of Funds
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This paper uses the Flow of Funds accounts to assess the impact of a monetary policy shock on the borrowing and lending activities of different sectors of the economy. Our measures of contractionary monetary policy shocks have the following properties: (i) they are associated with a fall in
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美国国家经济研究局创建时间：
1994-04-01
