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the fluctuations of economic activity that are an endemic feature of market economies. This new approach illustrates a … richer macroeconomic dynamic that provides for a better understanding of fluctuations in output and inflation. De Grauwe …
Persistent link: https://www.econbiz.de/10010862630
reconsidérer la nature des fluctuations et produire des arguments en faveur d’une approche ‘hors de l’équilibre’. Cette approche …
Persistent link: https://www.econbiz.de/10011003763
reconsidérer la nature des fluctuations et produire des arguments en faveur d’une approche ‘hors de l’équilibre’. Cette approche …
Persistent link: https://www.econbiz.de/10010539077
reconsidérer la nature des fluctuations et produire des arguments en faveur d’une approche ‘hors de l’équilibre’. Cette approche …
Persistent link: https://www.econbiz.de/10010756905
In this paper we develop a simple dynamic New Keynesian type model using the multiplier – accelerator principle in our effort to determine the time paths of income, actual and expected inflation towards their long – run equilibrium values. Assuming that expectations are adaptive, we...
Persistent link: https://www.econbiz.de/10008490663
the fluctuations of economic activity that are an endemic feature of market economies. This new approach illustrates a … richer macroeconomic dynamic that provides for a better understanding of fluctuations in output and inflation. De Grauwe …
Persistent link: https://www.econbiz.de/10010681711