Supply vs. Demand Approaches to the Problem of Stagflation
收藏NBER1979-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w0382
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资源简介:
We develop a model of aggregate supply and demand in the open economy to explain the important characteristics of international macroeconomic adjustment in the 1970s. Traditional demand-oriented models cannot account for the worldwide phenomenon of rising inflation and unemployment in the mid-70s,
提供机构:
美国国家经济研究局
创建时间:
1979-08-01



