Monetary and Fiscal Dynamics
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
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Michael Carlberg
Monetary and Fiscal Dynamics With 118 Figures
Physica-Verlag A Springer-Verlag Company
Professor Dr. Michael Carlberg Department of Economics Federal University Holstenhofweg 85 W-2000 Hamburg 70, FRG
ISBN-13: 978-3-7908-0619-9 e-ISBN-13: 978-3-642-47689-1 DOl: 10.1007/978-3-642-47689-1 Die Deutsche Bibliothek - CIP-Einheitsaufnahme Carlberg, Michael: Monetary and fiscal dynamics I Michael Carlberg. - Heidelberg : Physica-VerI., 1992 (Studies in contemporary economics)
ISBN-13: 978-3-7908-0619-9 This work is subject to copyright. All rights are rese
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