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On Consequences and Criticisms of Monetary Targeting

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NBER1985-04-01 更新2025-01-04 收录
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The purpose of this paper is to review and evaluate the most important existing criticisms of policy strategies that feature adherence to money stock targets. Four main categories of criticism (and counterargumerits) are analyzed. The first of these involves the claim that accurate money stock

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1985-04-01
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