Titlebook: Coordination and Growth; Essays in Honour of Gerard H. Kuper,Elmer Sterken,Els Wester Book 2001 Springer Science+Business Media New York 2

享乐主义者

神刊

A Critique of the Orthodox Interpretation,to productivity growth. This notion, amongst others, motivated the deregulation programme in Europe. However, in the discussion on this programme and in its far-reaching policy implications, a crucial public good aspect of technological change has been ignored. Recognition of this aspect and the mar

欺骗世家

Anonymous

Trigonometric Functions and Formulae,In this chapter we argue that when it comes to present-day monetary theory and policy, economists suffer from myopia and are prone to herd behaviour. As a result, too many economists give too much weight to actual economic developments which can have an excessive impact on economic theory and policy.

白杨

Trigonometric Functions and Formulae,This chapter is about the feedback with a policy rule and examines the implications of a policy instrument in an areawide empirical macroeconomic model for EMU. The main policy conclusion of our exercise is that the use of policy rules for interest rate and monetary targeting enhances output and price stability.

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变化

特别容易碎

Overconfidence in Monetary Theory and Monetary PolicyIn this chapter we argue that when it comes to present-day monetary theory and policy, economists suffer from myopia and are prone to herd behaviour. As a result, too many economists give too much weight to actual economic developments which can have an excessive impact on economic theory and policy.

Pruritus

Brittle

Some Observations on Recent Growth TheoryThis chapter deals with an important aspect of recent growth theory. On the basis of a study by Eicher and Turnovsky on non-scale models of economic growth, some critical observations are presented. Growth theory is still restricted to welfare in the material sense and to reproducible goods. These drawbacks have to remedied in the future.