What is it about?
It shows that monetary policy throughout the globe is counterproductive, it leads to opposite of the monetary target
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Why is it important?
This paper has very serious implications for monetary practices
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This page is a summary of: Revival of Legacy of Tooke and Gibson: Further Evidence and Implications for Monetary Policy, Journal of Central Banking Theory and Practice, January 2017, De Gruyter,
DOI: 10.1515/jcbtp-2017-0023.
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