The Macroeconomic Policy Debate William McChesney Martin The fed.'s job is to take away the punch bowl just as the party gets going 联储的工作是在宴会进行时拿走盛满酒的酒杯。 The economy is inherently unstable

Inflation, Unemployment, and the Phillips Curve Phillips Curve: relationship between inflation and unemployment A..Phillips (1958) \The relationship between unemployment and the rate of change of money wages in the united kingdom, 1861- 1957,\ Economica 25

吉林大学：《宏观经济学》课程j电子教案（PPT课件）第五章 通货膨胀理论

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一、单项选择(每题2分,共20分) 1、财政部向()出售政府债券时,基础货币会增加:（） A、居民; B、企业; C、商业银行; D、中央银行

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复旦大学：《宏观经济学》课程PPT教学课件（初、中、高级篇）07 第七章消费理论

Note that this solution deviates from agents’ expectation, or equivalently, central bank’s ex-ante commitment. This is the time inconsistent problem found by Kydland-Prescott (1977, JPE) and Barro￾Gordon (1983, JPE)

第一节 社会计划者解 第二节 市场分散解