Karpetis, Christos; Varelas, Erotokritos - In: Economia Internazionale / International Economics 59 (2006) 4, pp. 503-517
In this paper we adopt the analysis of Karpetis C. & Varelas E. (2005), in the context of which the time paths of real income, actual and expected infl ation are determined. Considering the model’s parameters values and initial conditions known a priori, we determine both the amplitude of...