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Real and Monetary Factors in Economic Fluctuations
Discussion of Chapter 1 Giuseppe Di Nardi
Discussion of Chapter 2 Mario Monti
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The ‘New Inflation’ and Monetary Policy: Proceedings of a Conference ...
Limited preview - 1976
acceleration aggregate demand analysis asset markets balance of payments bbe line behaviour Bretton Woods system Brunner budget cent central bank changes costs countries cycles deficit demand deposits determined dollar domestic effect employment equation Eurodollar excess exchange rates expansion expectations expenditures factors Federal Reserve financial assets financial market financial stocks fiscal policy function funds gold gold exchange standard government sector growth important income indexed bonds inflation rate inflationary process interest rates investment Italy J. M. Keynes Keynesian labour liquidity long-run ment monetarist monetary authorities monetary base monetary correction monetary policy monetary theory money stock money supply nominal bonds normal output output market position price increases price level problem production Professor Hicks rate of inflation rate of interest real capital real rate response result rise savings shift elasticity social stabilisation stabilisation policy stock-flow tax revenues tion variables wage adjustment wealth