## Inflation, unemployment and monetary control |

### What people are saying - Write a review

We haven't found any reviews in the usual places.

### Common terms and phrases

adjustment alternative analysis anticipated rate assume balance of payments Bundesbank capital flows central bank central-bank money coefficients cost of transactions covered interest arbitrage current account debt demand for money distributed lag domestic credit economic effect elasticities equation equilibrium estimated Eurodollar Eurodollar rate excess demand exogenous expected FEDV financial assets fixed exchange rates foreign exchange market forward premium Friedman growth rate implies income increase indicator inflow instrument variables interest rate interest-rate intermediate target variable International long-run measure monetary base monetary expansion monetary policy money growth money market money stock money supply open economy open-market optimal output percent period Phillips curve price change price level problem rate of change rate of inflation rate of interest rate of monetary rate of price reduced-form regression short-run Swiss franc Swiss National Bank tradeable transaction costs unanticipated unemployment rate wealth yield on capital zero