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I: Theory and Evidence -- Tax Rates, Factor Employment, and Market Production -- An Econometric Model Incorporating the Supply-Side Effects of Economic Policy -- Thoughts on the Laffer Curve -- Discussion of the Evans Paper -- Discussion of the Evans Paper -- II: Saving and Investment -- The...
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I Impact of Deficits on Monetary Growth and Inflation -- 1 Examining the Proposition that Federal Budget Deficits Matter -- Discussion -- 2 On the Monetization of Deficits -- Discussion -- II Impact of Deficits on Interest Rates and Capital Formation -- 3 Asset Substitutability and the Impact of...
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I The United States Experience -- 1 Nonborrowed Reserve Targeting and Monetary Control -- Discussion 1 -- Discussion 2 -- Discussion 3 -- II Money Stock Control in Europe: Switzerland and the United Kingdom -- 2 Targeting the Monetary Base: The Swiss Case -- Discussion -- 3 Recent Developments...
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Meyer (1999) has suggested that episodes of heightened uncertainty about the NAIRU may warrant a nonlinear policy response to changes in the unemployment rate. This paper offers a theoretical justification for such a nonlinear policy rule, and provides some empirical evidence on the relative...
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