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Demand management with rationing
Author(s)
Date Issued
1983-06
Date Available
2009-08-26T16:14:12Z
Abstract
This paper examines the impact of monetary and fiscal policies in both the Barro-Grossman model and a neo-Keynesian model which incorporates a bond market. It is shown that there is a unique demand management policy for every temporary equilibrium state which obviates the need to resort to 'supply-side' or wage-price policies. It emerges that these policies can containg counter intuitive elelments.
External Notes
The original photocopying quality of this item renders some text unreadable. A hard copy is available in UCD Library at GEN 330.08 IR/UNI
Type of Material
Working Paper
Publisher
University College Dublin. School of Economics
Series
UCD Centre for Economic Research Working Paper Series
No. 10
Subject – LCSH
Equilibrium (Economics)
Demand (Economic theory)
Monetary policy
Fiscal policy
Language
English
Status of Item
Not peer reviewed
This item is made available under a Creative Commons License
File(s)
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Name
wp83_10.pdf
Size
714.33 KB
Format
Adobe PDF
Checksum (MD5)
de0aee430dbc9f1bf70ff361374e7f58
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