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Access to electricity is a crucial determinant of quality of life and productivity. The United States has a highly reliable electricity grid but it faces new resilience challenges posed by more intense natural disasters and rising state level green power requirements. Using a U.S electric...
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rate and the German economy. The results indicate that such effects are large. If Germany keeps its money growth unchanged …
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We study the post-war evidence for Japan to see if the same specification for both the economy and the monetary policy rule is useful for understanding Japan's economy and monetary policy. A recurrent theme in the literature on Japanese monetary policy is that there are significant differences...
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and affects the overall effectiveness of forward guidance. We find that the central banks of the U.S., the U.K., Germany …
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