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Documents Issues in monetary and fiscal policy In this lecture we will use our economic models to study some.....

Slide 1 Issues in monetary and fiscal policy In this lecture we will use our economic models to study some important issues in the use of monetary and fiscal policy. For…

Documents Fiscal Policy. Can you run a deficit every year?

Slide 1 Fiscal Policy Slide 2 Slide 3 Slide 4 Slide 5 Can you run a deficit every year? Slide 6 If then Debt-to-GDP ratio stays stable. If > then deficit is “unsustainable”…

Documents zeira_sargent_final.pdf

Israel 1983: A Bout of Unpleasant Monetarist Arithmetic Thomas J. Sargent New York University and Hoover Institution Joseph Zeira The Hebrew University of Jerusalem and CEPR…

Documents Old CHAPTER 32 Labor Markets, Unemployment and Inflation PowerPoint® Slides by Can Erbil © 2005...

Old CHAPTER 32 Labor Markets, Unemployment and Inflation PowerPoint® Slides by Can Erbil © 2005 Worth Publishers, all rights reserved READ Krugman Section 6 Module 31-36…

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ECB and Inflation What tries Mr. Monti to do concerning inflation? * F. Girod – PLA 12 (2010) Policy strategy of the ECB * F. Girod – PLA 12 (2010) Transmission process…

Documents ECO 481: Public Choice Theory The Failure of Democracy & Voting Rules Dr. Dennis Foster.

ECO 481: Public Choice Theory The Failure of Democracy & Voting Rules Dr. Dennis Foster The Nature of the Polity 4 (self-interested) groups: Elected officials - want…

Documents Review of the previous lecture Money the stock of assets used for transactions serves as a medium of...

Slide 1 Review of the previous lecture Money the stock of assets used for transactions serves as a medium of exchange, store of value, and unit of account. Commodity money…

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Chapter Twenty-One Macroeconomics of Development and Transition Chapter Twenty-One Outline Introduction Development and the Macroeconomy Transition and the Macroeconomy Introduction…

Documents Review of the previous lecture

Slide 1 Review of the previous lecture Money the stock of assets used for transactions serves as a medium of exchange, store of value, and unit of account. Commodity money…

Documents Department of Macroeconomic Policy - Grasping Reality with Both Hands

10/23/10 5:46 PMThis Is Indeed a Gloomy Day: Department of Macroeconomic Policy - Grasping Reality with Both Hands Page 1 of 8http://delong.typepad.com/sdj/2010/08/this-is-indeed-a-gloomy-day-department-of-macroeconomic-policy.html…