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THE INDICATORS IN PRACTICE 198087 page
SOME RESPONSES TO CRITICS page
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actual and target actual outcomes adjustment asymptotic variance balance of payments blueprint Bretton Woods Bretton Woods system budget deficit change and actual construction of targets core inflation current account balance current account Target Current balance billion deflationary gap demand growth demand page disinflation domestic demand Economic Outlook data effective exchange rate exchange rate percentage exchange rate target FEER fiscal policy fixed exchange rates floating foreign exchange market Fred Bergsten Germany global GNP deflator GNP growth growth in domestic growth of nominal Increase in GNP intermediate targets Japan John Williamson macroeconomic macroeconomic policies misalignments monetary policy money supply nominal demand nominal income target OECD Economic Outlook oil price Outlook data base output percent policy coordination rates of growth real effective exchange real exchange rate recession reducing inflation rules shocks simulation stability Target change target demand change target rates target zone proposal targets for growth unemployment variables variance Williamson 1985