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    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/68739

    Title: Nominal Income Targeting versus Money Growth Targeting in an Endogenously Growing Economy
    Authors: 蕭明福
    Shaw, Ming-Fu
    Contributors: 經濟系
    Keywords: Nominal income targeting;Money growth targeting;Endogenous growth;Indeterminacy
    Date: 2005-03
    Issue Date: 2014-08-14 15:14:07 (UTC+8)
    Abstract: We find that local indeterminacy more easily emerges under a regime of nominal income targeting. Both targeting regimes are equally effective in influencing economic growth and inflation. The results thus favor money growth over nominal income as a nominal anchor.
    Relation: Economics Letters, 86(3), 359-366
    Data Type: article
    Appears in Collections:[經濟學系] 期刊論文

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