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Monetary and Fiscal Dynamics

Bag om Monetary and Fiscal Dynamics

The analysis will be conducted within an IS-LM model augmen-ted by the dynamics of money wages, private capital andpublic debt.This in turn requires a dynamic path of monetary and fiscalpolicy: As a response to the shock, the central bankcontinuouslyadapts the quantity of money so as to keep upfull employment all the time.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9783790806199
  • Indbinding:
  • Paperback
  • Sideantal:
  • 194
  • Udgivet:
  • 17. juni 1992
  • Udgave:
  • 11992
  • Størrelse:
  • 170x244x10 mm.
  • Vægt:
  • 370 g.
  • 8-11 hverdage.
  • 20. november 2024

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Beskrivelse af Monetary and Fiscal Dynamics

The analysis will be conducted within an IS-LM model augmen-ted by the dynamics of money wages, private capital andpublic debt.This in turn requires a dynamic path of monetary and fiscalpolicy: As a response to the shock, the central bankcontinuouslyadapts the quantity of money so as to keep upfull employment all the time.

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