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- Q6770821 subject Q6024358.
- Q6770821 subject Q7036098.
- Q6770821 subject Q8168518.
- Q6770821 abstract "Market monetarism is a school of macroeconomic thought that advocates that central banks target the level of nominal income instead of inflation, unemployment, or other measures of economic activity, including in times of shocks such as the bursting of the real estate bubble in 2006, and in the financial crisis that followed. In contrast to traditional monetarists, market monetarists do not believe monetary aggregates or commodity prices such as gold are the optimal guide to intervention. Market monetarists also reject the New Keynesian focus on interest rates as the primary instrument of monetary policy. Market monetarists prefer a nominal income target due to their twin beliefs that rational expectations are crucial to policy, and that markets react instantly to changes in their expectations about future policy, without the "long and variable lags" postulated by Milton Friedman.".
- Q6770821 wikiPageExternalLink case-for-nominal-gdp-targeting.html.
- Q6770821 wikiPageExternalLink ngdp-targeting-in-real-life.
- Q6770821 wikiPageExternalLink delong-on-nominal-gdp-targeting.html.
- Q6770821 wikiPageExternalLink krugman-advocates-nominal-gdp-targeting.html.
- Q6770821 wikiPageExternalLink williamson-on-ngdp-targeting.html.
- Q6770821 wikiPageExternalLink engdp-level-path-targeting-for-the-people-of-the-concrete-steppes-.html.
- Q6770821 wikiPageExternalLink more.
- Q6770821 wikiPageExternalLink monetary-policy-3?fsrc=rss.
- Q6770821 wikiPageExternalLink 2347.html.
- Q6770821 wikiPageExternalLink re-targeting-the-fed.
- Q6770821 wikiPageExternalLink how-narrow-fed%E2%80%99s-mandate-david-beckworth.
- Q6770821 wikiPageExternalLink www.themoneyillusion.com.
- Q6770821 wikiPageExternalLink 3961.
- Q6770821 wikiPageExternalLink mw.pdf?sm=jh083112-4.
- Q6770821 wikiPageExternalLink marketmonetarist.com.
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- Q6770821 comment "Market monetarism is a school of macroeconomic thought that advocates that central banks target the level of nominal income instead of inflation, unemployment, or other measures of economic activity, including in times of shocks such as the bursting of the real estate bubble in 2006, and in the financial crisis that followed. In contrast to traditional monetarists, market monetarists do not believe monetary aggregates or commodity prices such as gold are the optimal guide to intervention.".
- Q6770821 label "Market monetarism".