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COMPLEX DYNAMICS IN A KEYNESIAN GROWTH MODEL

โœ Scribed by Marc Jarsulic


Book ID
111044435
Publisher
John Wiley and Sons
Year
1993
Tongue
English
Weight
955 KB
Volume
44
Category
Article
ISSN
0026-1386

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In the framework of a Keynesian monetary macro model we study implications of kinked Phillips curves and alternative monetary policy rules. As alternative monetary policy rules we consider monetary growth targeting and interest rate targeting (the Taylor rule). Our monetary macro model exhibits: ass