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Title:How the Removal of Deposit Rate Ceilings Has Changed Monetary Transmission in the US: Theory and Evidence Author(s):MERTENS, KarelDate:2006Type:Working PaperSeries/Number:EUI ECO; 2006/34Abstract:Establishing the existence and nature of changes in the conduct and transmission of
monetary policy is key in understanding the remarkable macroeconomic performance of the
US since the mid 1980s. This paper presents ...