Money Growth and Interest Rates
Published Date
Copyright 2006
ISBN 9780226378978
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Copy CitationSeok-Kyun Hur, Monetary Policy with Very Low Inflation in the Pacific Rim (University of Chicago Press, 2006), chap. 3, https://www.nber.org/books-and-chapters/monetary-policy-very-low-inflation-pacific-rim/money-growth-and-interest-rates.
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Published From Paper
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Working Paper
Our paper explores a transmission mechanism of monetary policy through bond market. Based on the assumption of delayed...