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A macroeconomic shock induces an extended process of adjustment that is characterized by unemployment. This is an analysis of the situation, conducted within an IS-LM model augmented by the dynamics of money wages, private capital and public debt. Series: Studies in Contemporary Economics. Num Pages: 194 pages, 6 black & white tables, biography. BIC Classification: KCBM; KCFM. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly. Dimension: 244 x 170 x 10. Weight in Grams: 334. . 1992. Softcover reprint of the original 1st ed. 1992. Paperback. . . . . Books ship from the US and Ireland. Bestandsnummer des Verkäufers V9783790806199
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: As a response to the shock, the central bank continuouslyadapts the quantity of money so as to keep up full employment all the time. And the government continuously accommodates its purchases of goods and services. Can this be sustained? Or will public debt tend to explode, thereby driving the stock of capial down to zero?
Reseña del editor: 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: As a response to the shock, the central bank continuouslyadapts the quantity of money so as to keep up full employment all the time. And the government continuously accommodates its purchases of goods and services. Can this be sustained? Or will public debt tend to explode, thereby driving the stock of capial down to zero?
Titel: Monetary and Fiscal Dynamics
Verlag: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Erscheinungsdatum: 1992
Einband: Softcover
Zustand: New
Anbieter: Antiquariat Bookfarm, Löbnitz, Deutschland
Softcover. Ehem. Bibliotheksexemplar mit Signatur und Stempel. GUTER Zustand, ein paar Gebrauchsspuren. Ex-library with stamp and library-signature. GOOD condition, some traces of use. jg 1338 3790806196 Sprache: Englisch Gewicht in Gramm: 550. Bestandsnummer des Verkäufers 2212396
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Hardcover. Zustand: Very Good. 1st Edition. 202 Pages, Usual Ex-Lib Marks O/W Sound. Ex-Library. Bestandsnummer des Verkäufers 040403
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Kartoniert / Broschiert. Zustand: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. The analysis will be conducted within an IS-LM model augmen-ted by the dynamics of money wages, private capital andpublic debt. A macroeconomic shock induces an extendedprocess of adjustment that is characterized by unemployment.This in turn requir. Bestandsnummer des Verkäufers 5309748
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Paperback. Zustand: new. Paperback. 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: as a response to the shock, the central bank continuously adapts the quantity of money so as to keep up full employment all the time. And the government continuously accommodates its purchases of goods and services. Can this be sustained? This study provides an analysis of the situation, conducted within an IS-LM model augmented by the dynamics of money wages, private capital and public debt. 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. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Bestandsnummer des Verkäufers 9783790806199
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Taschenbuch. Zustand: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The analysis will be conducted within an IS-LM model augmented 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: As a response to the shock, the central bank continuously adapts the quantity of money so as to keep up full employment all the time. And the government continuously accommodated its purchases of goods and services. Can this be sustained Or will public debt tend to explode, thereby driving the stock of capital down to zero 204 pp. Englisch. Bestandsnummer des Verkäufers 9783790806199
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Taschenbuch. Zustand: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - The analysis will be conducted within an IS-LM model augmented 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: As a response to the shock, the central bank continuously adapts the quantity of money so as to keep up full employment all the time. And the government continuously accommodated its purchases of goods and services. Can this be sustained Or will public debt tend to explode, thereby driving the stock of capital down to zero. Bestandsnummer des Verkäufers 9783790806199
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Taschenbuch. Zustand: Neu. This item is printed on demand - Print on Demand Titel. Neuware -The analysis will be conducted within an IS-LM model augmented by the dynamics of money wages, private capital andpublic debt. A macroeconomic shock induces an extendedprocess of adjustment that is characterized by unemployment.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. And the governmentcontinuously accommodates its purchases of goods andservices. Can this be sustained Or will public debt tend toexplode, thereby driving the stock of capial down to zero Physica Verlag, Tiergartenstr. 17, 69121 Heidelberg 204 pp. Englisch. Bestandsnummer des Verkäufers 9783790806199
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