주목할만한 연구
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Growth and Fluctuations: An Overview Capitalism since its inception has been marked by large fluctuations. The resulting episodic unemployment has been very costly. This paper provides an overview of alternative theories. Standard models (such as DSGE) have .. more
NBER (2024-12-09) |
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Corporate Debt Structure over the Global Credit Cycle We study the determinants of active debt management through issuance and refinancing decisions for firms around the world. We leverage instrument-level data to create a comprehensive picture of the maturity, currency, an .. more
FRB of New York (2024-12-09) |
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Whither inflation targeting as a global monetary standard? From its tentative beginnings, inflation targeting has spread to become the de facto global monetary standard. Historically, only the Gold Standard has had a longer lifespan. Inflation targeting has done its job: helping .. more
BIS (2024-12-02) |
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