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- W3125348518 abstract "Abstract Monetary policy is superneutral in an overlapping generations model. Previous authors have argued that superneutrality does not hold in such a setting. However, the standard results rely on the counter-factual premise of helicopter money and are overturned if money creation through open market operations is taken into account. This result suggests that a more realistic representation of monetary policy may generally be helpful." @default.
- W3125348518 created "2021-02-01" @default.
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- W3125348518 date "2015-01-01" @default.
- W3125348518 modified "2023-09-23" @default.
- W3125348518 title "Superneutrality of Money under Open Market Operations" @default.
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- W3125348518 doi "https://doi.org/10.1515/roe-2015-1003" @default.
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