Monetary and fiscal dynamics /

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
Corporate Author:	SpringerLink (Online service)
Format:	eBook
Language:	English
Published:	Heidelberg : New York : Physica-Verlag ; Springer-Verlag, [1992]
Series:	Studies in contemporary economics.
Subjects:	Monetary policy > Econometric models. Fiscal policy > Econometric models. Money > Econometric models. Belastingpolitiek. Politique monétaire > Modèles économétriques. Politique fiscale > Modèles économétriques. Monnaie > Modèles économétriques. IS-LM-Modell. Dynamische Makroökonomie. Electronic books.
Online Access:	Connect to the full text of this electronic book