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Modest Policy Interventions

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NBER2002-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9192
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资源简介:
We present a framework for computing and evaluating linear projections of macro variables conditional on hypothetical paths of monetary policy. A modest policy intervention is a change in policy that does not significantly shift agents' beliefs about policy regime and does not generate
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2002-09-01
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