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Monetary and Fiscal Dynamics
part of the Studies in Contemporary Economics series
- Language:
- English
- ISBN:
- 9783790806199
- Binding:
- Paperback
- Pages:
- 194
- Published:
- June 16, 1992
- Edition:
- 11992
- Dimensions:
- 170x244x10 mm.
- Weight:
- 370 g.
Delivery:
1-2 weeks
Expected delivery: January 5, 2025
Description of Monetary and Fiscal Dynamics
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.
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