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Three great American disinflations
Bordo, Michael D.; Erceg, Christopher J.; Levin, Andrew T. - 2007
This paper analyzes the role of transparency and credibility in accounting for the widely divergent macroeconomic effects of three episodes of deliberate monetary contraction: the post-Civil War deflation, the post-WWI deflation, and the Volcker disinflation. Using a dynamic general equilibrium...
Persistent link: https://www.econbiz.de/10003443469
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Three great American disinflations
Bordo, Michael D.; Erceg, Christopher J.; Levin, Andrew T. - 2006
Persistent link: https://www.econbiz.de/10003448346
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Three great American disinflations
Bordo, Michael D.; Erceg, Christopher J.; Levin, Andrew T. - 2007
Persistent link: https://www.econbiz.de/10003997458
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Incorporating scenario analysis into the Federal Reserve's policy strategy and communications
Bordo, Michael D.; Levin, Andrew T.; Levy, Mickey D. - 2020
Persistent link: https://www.econbiz.de/10012254577
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Central bank digital currency and the future of monetary policy
Bordo, Michael D.; Levin, Andrew T. - In: The structural foundations of monetary policy, (pp. 143-178). 2018
Persistent link: https://www.econbiz.de/10012060992
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Digital cash : principles & practical steps
Bordo, Michael D.; Levin, Andrew T. - 2019
Persistent link: https://www.econbiz.de/10011982612
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Improving the monetary regime : the case for U.S. digital cash
Bordo, Michael D.; Levin, Andrew T. - In: The Cato journal : an interdisciplinary journal of … 39 (2019) 2, pp. 383-405
Persistent link: https://www.econbiz.de/10012037071
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Policy credibility and alternative approaches to disinflation
Bordo, Michael D.; Erceg, Christopher J.; Levin, Andrew T. - In: Research in economics : an international review of economics 71 (2017) 3, pp. 422-440
Persistent link: https://www.econbiz.de/10011878819
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Central bank digital currency and the future of monetary policy
Bordo, Michael D.; Levin, Andrew T. - 2017
Persistent link: https://www.econbiz.de/10011732354
Cover Image
Three Great American Disinflations
Bordo, Michael D. - 2007
This paper analyzes the role of transparency and credibility in accounting for the widely divergent macroeconomic effects of three episodes of deliberate monetary contraction: the post-Civil War deflation, the post-WWI deflation, and the Volcker disinflation. Using a dynamic general equilibrium...
Persistent link: https://www.econbiz.de/10012730571