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Can monetary policy stimulate consumption through inflation expectations? We study how US consumers revise inflation … planned consumption conditional on how consumers update their inflation expectations. Expansionary policy shocks tend to … small. At the ZLB, consumers increasingly plan to reduce consumption if they expect higher inflation. The responses to …
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similar conception of the consumer. For neoliberals, the idea that consumers were weak in the face of businesses and large … corporations was almost offensive. Instead, consumers were imagined to be sovereign agents in the economy, whose consumption … until the present day, it was felt necessary that banks should have the freedom to meet the borrowing needs of consumers …
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groundbreaking work that combines cultural, intellectual, and business history, Creating the Nazi Marketplace offers an innovative …
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