A new approach to monetary policy

In monetary policy the choice is shifting from money supply to interest rate and nominal GDP targets. The perspective is that by maintaining the aggregate demand, recessions could be avoided. The revived of Keynes's model of GDP through Krugman's stance.

Рубрика Экономика и экономическая теория
Вид статья
Язык английский
Дата добавления 28.09.2016
Размер файла 129,6 K

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