Showing 1 - 10 of 77,969
Persistent link: https://www.econbiz.de/10000724499
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
Persistent link: https://www.econbiz.de/10012207276
Persistent link: https://www.econbiz.de/10001661872
Persistent link: https://www.econbiz.de/10001553712
Persistent link: https://www.econbiz.de/10012130479
Persistent link: https://www.econbiz.de/10011401421
Lucas (1972) was a paper that permanently changed the course of macroeconomics, even though its "money supply surprise" model lost its central place in the area within a decade because of empirical difficulties. However, Lucas's novel methodology, based on clearing markets and rational...
Persistent link: https://www.econbiz.de/10012705131
Persistent link: https://www.econbiz.de/10012306888