Monetary And Fiscal Policies In The Euro Area
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| Originally published | 1992 |
| Authors | Michael Carlberg |
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| Date of Upd. | |
| ID | 2363349 |
About Monetary And Fiscal Policies In The Euro Area
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. . . .