On Activist Monetary Policy with Rational Expectations
Published Date
Copyright 1980
ISBN 0226251349
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Copy CitationStanley Fischer, Rational Expectations and Economic Policy (University of Chicago Press, 1980), chap. 7, https://www.nber.org/books-and-chapters/rational-expectations-and-economic-policy/activist-monetary-policy-rational-expectations.
Published From Paper
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Working Paper
The paper examines the case for activist monetary policy. It accepts the view that expectations are formed rationally...
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