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einer aktivistischen Geldpolitik), dass aber die zugrundeliegenden Mechanismen in deutlichem Widerspruch zu einem …
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Assessing the effects of monetary policy and wage bargaining on employment and inflation in the European Monetary Union (EMU), in the first step a Post-Keynesian competitive claims model of inflation with endogenous money is developed. In this model the NAIRU is considered to be a short-run...
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