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The Federal Reserve has been announcing target ranges for the growth of M1 and other monetary aggregates since 1975. In “Base Drift and the Longer Run Growth of M1: Experience from a Decade of Monetary Targeting,” Alfred Broaddus and Marvin Goodfriend discuss a technical aspect of the...
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An abstract for this article is not available
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An abstract for this article is not available.
Persistent link: https://www.econbiz.de/10005063958