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Kai Daniel Schmid nimmt eine integrierte stabilitätstheoretische Analyse der Zinspolitik vor, welche die Anpassungen … und Wachstumstrend auf. Sie blenden daher systematische Auswirkungen der Geldpolitik auf die Wachstumsfaktoren einer …
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This article integrates monetary policy into a very simple dynamic supermultiplier model with an accommodating supply side. Results show that monetary policy guided by a conventional Taylor rule may stabilize an economy around the steady-state path of demand-led growth following temporary demand...
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supplying limitless money as suggested by Modern Monetary Theory. Mohammad Ashraf is Professor of Economics at the University of …
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