Monetary and Fiscal Dynamics by Michael Carlberg.

The analysis will be conducted within an IS-LM model augmen- ted by the dynamics of money wages, private capital and public debt. A macroeconomic shock induces an extended process of adjustment that is characterized by unemployment. This in turn requires a dynamic path of monetary and fiscal policy:...

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Bibliographic Details
Main Author: Carlberg, Michael (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Heidelberg : Physica-Verlag HD : Imprint: Physica, 1992.
Edition:1st ed. 1992.
Series:Studies in Contemporary Economics,
Springer eBook Collection.
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Online Access:Click to view e-book
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