The American Economic Review, Volume 85,Edições 1-3American Economic Association, 1995 |
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Página 219
... monetary - policy reaction function . The model matches important features of postwar data well and provides a structural explanation of the ... monetary policy since the mid 219 Monetary Policy Trade - offs and the Correlation between.
... monetary - policy reaction function . The model matches important features of postwar data well and provides a structural explanation of the ... monetary policy since the mid 219 Monetary Policy Trade - offs and the Correlation between.
Página 204
... monetary policy should target inflation rather than nominal GDP is that inflation is a monetary phenomenon . This is better po- etry than economics . In the short run , mon- etary policy affects both output and infla- tion , and monetary ...
... monetary policy should target inflation rather than nominal GDP is that inflation is a monetary phenomenon . This is better po- etry than economics . In the short run , mon- etary policy affects both output and infla- tion , and monetary ...
Página 500
... monetary transfer , but rather from possible termination of business practices that damage the plaintiff and are productive and profitable for the defendant . Any expectation of the effect that either monetary damages or restrictions on ...
... monetary transfer , but rather from possible termination of business practices that damage the plaintiff and are productive and profitable for the defendant . Any expectation of the effect that either monetary damages or restrictions on ...
Índice
Evidence? | 17 |
Dan Kovenock and Gordon Phillips | 403 |
The Effect of Institutions on Economic Behavior | 409 |
Direitos de autor | |
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aggregate analysis assume average behavior benefits bill rate Bretton Woods Cambridge cartels central bank cheap talk choice coefficient consumption contract correlation cost countries deutsche mark drug effect employment equation estimates evidence expected fiat money firms forecast genotype growth households human capital hypothesis implies incentive income increase individual industry inflation investment Journal of Economic labor market lagged liquidity constraints marginal Medicaid ment minimum wage monetary policy monomorphic Nash equilibrium National nomic nontraded null hypothesis optimal output paper payoff function percent player political population preferences problem quota ratio reduce regression relative Research response revenue risk Robert sample sector shocks significant social Solow residuals spending statistically strategy studies supply shocks symmetric Nash Table tax rates theory tion tive trade University utility variables voters welfare workers y₁ zero