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https://ah.lib.nccu.edu.tw/handle/140.119/68739| 題名: | Nominal Income Targeting versus Money Growth Targeting in an Endogenously Growing Economy | 作者: | 蕭明福 Shaw, Ming-Fu |
貢獻者: | 經濟系 | 關鍵詞: | Nominal income targeting; Money growth targeting; Endogenous growth; Indeterminacy | 日期: | 三月-2005 | 上傳時間: | 14-八月-2014 | 摘要: | We find that local indeterminacy more easily emerges under a regime of nominal income targeting. Both targeting regimes are equally effective in influencing economic growth and inflation. The results thus favor money growth over nominal income as a nominal anchor. | 關聯: | Economics Letters, 86(3), 359-366 | 資料類型: | article |
| Appears in Collections: | 期刊論文 |
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