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a roughly equivalent number elsewhere in the economy. At a product-specific or micro level and in the short term …, controlling trade could reduce the offending imports and save jobs, but for the economy as a whole and in the long term, this …
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a roughly equivalent number elsewhere in the economy. At a product-specific or micro level and in the short term …, controlling trade could reduce the offending imports and save jobs, but for the economy as a whole and in the long term, this …
Persistent link: https://www.econbiz.de/10012169861
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This paper demonstrates how time consistency of the Ramsey policy - the optimal fiscal and monetary policy under commitment - can be achieved. Each government should leave its successor with a unique maturity structure for the nominal and indexed debt, such that the marginal benefit of a...
Persistent link: https://www.econbiz.de/10013232768