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Titlebook: Exchange Rates, Money and Output; The European Experie Paul Grauwe,Michele Fratianni,Mustapha K. Nabli Book 1985 Paul De Grauwe, Michele Fr

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Overview: 978-1-349-17701-1978-1-349-17699-1
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Forced Migration and Resiliencet, high and variable inflation rates and interest rates, volatile exchange rates; these are the hallmarks of the 1970s and the early 1980s: In this book we examine in detail some aspects of these macroeconomic problems in six European countries: Belgium, the Netherlands, France, Germany, Italy and t
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Dishant Beniwal,Jhalak,Pratik K. Rayange rate and other impulses. The central feature of the theory is the Lucas supply of output extended to an open economy which incorporates, in addition to inflation-rate misperceptions, terms-of-trade effects, the ‘tax wedge’ and wage indexation.
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Graham A. Tobin,Linda M. Whitefordfies modelling the financial economy according to portfolio-balance principles. The literature on this subject is of recent vintage. While Fleming (1962) and Mundell (1963) are credited with having inspired the portfolio-balance approach, it was not until the early 1970s that economists adapted Jame
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https://doi.org/10.1007/978-3-476-04844-8cified and estimated for six European economies: Germany, France, Italy, the Netherlands, Belgium and the United Kingdom. The financial sector of the last-named country has so many institutional characteristics, as well as specific data requirements, that we found it necessary to treat it separately
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Ford Madox Ford and the Misfit Modernsrbances are of the unexpected kind and can thus be considered as ‘news’. It is well known from the rational expectations literature that only expected disturbances are already reflected in prices, exchange rates, and interest rates.
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Stephen Lloyd Smith,James Andersonre of the productive system; others from financial disturbances. This book has dealt with some aspects of these difficulties. In the first part of the book we directed our attention to the supply side of the economy, and asked the questions how and to what extent the supply of manufacturing output i
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