The Dynamics of High Inflation
收藏NBER1993-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4578
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资源简介：
This paper presents a model of a high-inflation economy. The model includes the government budget constraint and money demand equation of Cagan's 1956 model; an accelerationist Phillips curve that captures inflation inertia; and an aggregate-spending equation that accounts for the effects of the
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美国国家经济研究局创建时间：
1993-12-01
