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resemble an inflation - targeting rule , and Rogoff ( 1985 ) , Canzoneri ( 1985 ) , and Garfinkle and Oh ( 1993 ) , have suggested that central banks could be punished for deviating from legislative targeting rules .
resemble an inflation - targeting rule , and Rogoff ( 1985 ) , Canzoneri ( 1985 ) , and Garfinkle and Oh ( 1993 ) , have suggested that central banks could be punished for deviating from legislative targeting rules .
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targeting rule.24 The difference is due to the fact that in the present framework , and unlike the framework utilized by ... Such rules are often proposed as solutions to the inflationary - bias problem associated with discretionary ...
targeting rule.24 The difference is due to the fact that in the present framework , and unlike the framework utilized by ... Such rules are often proposed as solutions to the inflationary - bias problem associated with discretionary ...
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By MARTIN FELDSTEIN * This paper examines the effect of existing college scholarship rules on the incentive to save . The analysis shows that families that are eligible for college scholarships face " education tax rates " on capital ...
By MARTIN FELDSTEIN * This paper examines the effect of existing college scholarship rules on the incentive to save . The analysis shows that families that are eligible for college scholarships face " education tax rates " on capital ...
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Evidence? | 17 |
The Effect of Institutions on Economic Behavior | 409 |
Theory of Contracts | 432 |
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aggregate analysis assume average bank behavior benefits capital central changes choice coefficient condition consumption contract correlation cost countries decision demand depends discussion Economic effect employment equal equation equilibrium estimates evidence example expected firms function given growth higher households important income increase individual industry inflation interest International issue Journal labor less lower marginal mean measure ment monetary Notes observations output percent period player political population positive possible preferences Press probability problem question ratio reduce regression relative reported Research response Review risk rules sample schooling sector shocks significant social spending standard statistically studies suggests Table theory tion trade transfer United University utility variables wage welfare workers