Showing 1 - 10 of 93
Persistent link: https://www.econbiz.de/10013535101
Persistent link: https://www.econbiz.de/10013530404
Persistent link: https://www.econbiz.de/10009424417
Persistent link: https://www.econbiz.de/10001715107
Persistent link: https://www.econbiz.de/10001736948
This paper provides a formal analysis of the current account balance in a dynamic model with optimizing agents. Two analytical ideas are stressed. First, an economy's current account balance depends as much on fixture economic trends as on the current economic environment. A shift in fiscal...
Persistent link: https://www.econbiz.de/10012478317
This paper offers a theoretical framework for studying the inter-actions of energy prices and economic growth. The incorporation of energy prices and quantities in a macroeconomic setting focuses on (1)the aggregate technology; (2) the interdependence of energy producers and consumers in the...
Persistent link: https://www.econbiz.de/10012478547
The persistence of inflation during periods of high unemployment poses the central problem for macroeconomic policy in coming years. The extent of success in reducing both inflation and unemployment will depend strongly on the short-run responsiveness of wage inflation to unemployment and excess...
Persistent link: https://www.econbiz.de/10012478846
Persistent link: https://www.econbiz.de/10012434577
Persistent link: https://www.econbiz.de/10000774171