CAN PURELY MONETARY DISINFLATION POLICY PRODUCE LONG-RUN INVOLUNTARY UNEMPLOYMENT

被引:0
|
作者
FLEMMIG, J
机构
来源
JAHRBUCH FUR SOZIALWISSENSCHAFT | 1992年 / 43卷 / 01期
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暂无
中图分类号
C [社会科学总论];
学科分类号
03 ; 0303 ;
摘要
The paper critically comments on Wagner, H. (1990). It is noted that monetary disinflation policy will influence the nominal interest rate in an economic system with rational expectations, flexible prices, marginal productivity payment for labor and capital and an endogeneous determined capital stock.
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页码:141 / 147
页数:7
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