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middle income and poor nations. I also analyze Friedman's role in Chile's failed attempt, during the Pinochet regime, at …
Persistent link: https://www.econbiz.de/10012482195
middle income and poor nations. I also analyze Friedman’s role in Chile’s failed attempt, during the Pinochet regime, at …
Persistent link: https://www.econbiz.de/10014091407
The paper traces the dangers in the closed economy perspective of a monetary policy focused on adomestic inflation goal under a clean float. Field evidence of the damage wrought from this perspective isreinforced by that from a laboratory experiment. The laboratory experiment avoids measurement...
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The switch to floating exchange rates during the 1970s has given economists the first comprehensive opportunity to …
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