AIL Theory and the Ailing Phillips Curve: A Contract Based Approach to Aggregate Supply
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This paper presents empirical evidence from U.S. data of a structurally stable aggregate supply relationship between real and nominal rates of interest and the rate of unemployment. The paper reviews theories of contracts that are based on the twin assumptions of asymmetric information and limited
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美国国家经济研究局创建时间：
1989-09-01
