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“The Optimal Degree of Commitment to an Intermediate Monetary Target,” Quarterly Journal of Economics 100 (November 1985), 1169-1189.  

© 1985 by the President and Fellows of Harvard College. All rights reserved.

Reproduced by permission of the MIT Press. More information about the journal can be found at http://www.mitpress.org/.

Permission granted to download and print one copy for individual use only.