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15
Importance of Base Money Even When Inflation Targeting.pdf
As monetary targeting lost its credibility and began to be replaced by inflation targeting, more and more countries chose to inflation target. Meanwhile the role of money is completely forgotten. This paper investigates the existence of a stable long run base money demand and try to show that money could play at least informational role even for a country like Turkey who is at the present implicitly inflation targeting and heading along the direction of explicit inflation targeting. When the fragility of the banking sector and fiscal dominance problems are solved and when the central bank can increase the overnight interest rates if the need arises without jeopardizing either the fiscal balance or the banking sector balance sheets, the conditions for inflation targeting will be there. For now, base money is still our best bet in monetary policy.
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13
Unit Pricing Increases Price Sensitivity Even When Products are of Identical Size.pdf
Unit Pricing Increases Price Sensitivity Even When Products are of Identical Size
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12
WHEN EVEN FRAUD IS NOT NEARLY ENOUGH - Holman Fenwick.pdf
WHEN EVEN FRAUD IS NOT NEARLY ENOUGH - Holman Fenwick
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12
Rhizophora stylosa prop roots even when damaged prevent wood-boring teredinids from toppling the trees.pdf
Rhizophora stylosa prop roots even when damaged prevent wood-boring teredinids from toppling the trees
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10
He said okay, even though he seemed kind of bothered. When I.pdf
He said okay, even though he seemed kind of bothered. When I
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15
user fees with "feebates" meeting revenue and allocative objectives without tradeoff, even when numbers are small.pdf
user fees with “feebates” meeting revenue and allocative objectives without tradeoff, even when numbers are small
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69
Are urban habitats safer even when humans are around_ Predation risk in house finches using multiple indicators of risk.pdf
Are urban habitats safer even when humans are around_ Predation risk in house finches using multiple indicators of risk
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