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Oxford Economic Papers Advance Access originally published online on July 21, 2005
Oxford Economic Papers 2005 57(4):740-741; doi:10.1093/oep/gpi034
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© Oxford University Press 2005; All rights reserved

Comment on ‘Market discipline and monetary policy’ by Carl Walsh: a reply

Carl E. Walsh

Department of Economics, University of California, Santa Cruz, CA 95064, USA; e-mail: walshc@ucsc.edu

The first 10% of the full text of this article appears below.

In their interesting paper, Fabia de Carvalho and Maurício Bugarin alter the informational assumptions I employed in Walsh (2000) and discuss how this change affects the results reported in my paper.

The structure of the underlying model I used, and therefore . . . [Full Text of this Article]


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