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Methods of Policy Accommodation at the Interest-Rate Lower Bound Michael Woodford Recent events have confronted many of the world’s leading central banks with a situation that was regarded a few decades ago as merely
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Document Date: 2013-07-25 16:27:20


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Japan / United States / /

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prudent central banking / bank / bank reserves / bank desires / /

Organization

Bank of Japan / US Federal Reserve / Federal Open Market Committee / /

Person

Guidance Even / /

Position

prudence counsel / dynamic model / the future policy / I. Forward / Forward / /

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