The Lucas Critique and the Volcker Deflation
收藏NBER1984-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w1326
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资源简介：
This paper examines, in light of the Lucas Critique, the behavior of the Phillips curve and of the term structure of interest rates after October 1979. It starts with an informal account of the policy change and then discusses how we might expect these two relations to shift after such a change. It
提供机构：
美国国家经济研究局
创建时间：
1984-04-01
