Showing 1 - 10 of 6,268
analysing his institutional approach to the phenomenon of inflation and its link with monetary policy and monetary regimes. Some …
Persistent link: https://www.econbiz.de/10014230861
Lucas (1972) was a paper that permanently changed the course of macroeconomics, even though its "money supply surprise … unfortunate side effect of this has been that, because mainstream models have no analytic room for money to play a key role in …
Persistent link: https://www.econbiz.de/10012705131
The paper investigates the role played by Friedman’s interpretation of the Brazilian inflation in his 1967 formulation … of chronic inflation. It is argued that, as an empirical economist and in the absence of evidence from industrialized … countries, Friedman found in the Brazilian 1964-66 stabilization episode significant support for his argument about inflation …
Persistent link: https://www.econbiz.de/10011890130
economists to engage with Phillips' famous unemployment/wage-inflation analysis, now referred to as the Phillips curve. They … formulated the firstunemployment/price-inflation version of the Phillips curve and were the first to interpret the Phillips curve … reconstruction and assessment of their original formulation, documenting the close relationship between the wage-inflation and price-inflation …
Persistent link: https://www.econbiz.de/10011592229
economists to engage with Phillips' famous unemployment/wage-inflation analysis, now referred to as the Phillips curve. They … formulated the first unemployment/price-inflation version of the Phillips curve and were the first to interpret the Phillips … careful reconstruction and assessment of their original formulation, documenting the close relationship between the wage-inflation …
Persistent link: https://www.econbiz.de/10010510926
economists to engage with Phillips’ famous unemployment/wage-inflation analysis, now referred to as the Phillips curve. They … formulated the firstunemployment/price-inflation version of the Phillips curve and were the first to interpret the Phillips curve … reconstruction and assessment of their original formulation, documenting the close relationship between the wage-inflation and price-inflation …
Persistent link: https://www.econbiz.de/10010887051
the reaction of post-Keynesian economists to examine alternatives to inflation-targeting monetary strategies and to Taylor … rentiers' interest income in a money/debt-using and demand determined economy. The ultimate objective of this model is to …
Persistent link: https://www.econbiz.de/10014363113
the reaction of post-Keynesian economists to examine alternatives to inflation-targeting monetary strategies and to Taylor … rentiers’ interest income in a money/debt-using and demand determined economy. The ultimate objective of this model is to …
Persistent link: https://www.econbiz.de/10011133342
Persistent link: https://www.econbiz.de/10005812564
consumption function and the demand for money, not to mention monetary history, which helped to undermine the post World War 2 … case for a money growth rule, and the expectations augmented Phillips curve are then taken up, followed by a discussion of …
Persistent link: https://www.econbiz.de/10010681093