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Globalization: The Elephant in the Room That Is No More

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Abstract

Unlike what has been conventionally argued, the forces of globalization appear to be?if anything?a headwind to the conduct of monetary policy for the purpose of macroeconomic stabilization.

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  • Enrique Martínez García, 2014. "Globalization: The Elephant in the Room That Is No More," Annual Report, Globalization and Monetary Policy Institute, Federal Reserve Bank of Dallas, pages 2-9.
  • Handle: RePEc:fip:feddgm:00023
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