Demand management with rationing

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Title: Demand management with rationing
Authors: Moore, Michael J.
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Date: Jun-1983
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.
Type of material: Working Paper
Publisher: University College Dublin. School of Economics
Subject LCSH: Equilibrium (Economics)
Demand (Economic theory)
Monetary policy
Fiscal policy
Language: en
Status of Item: Not peer reviewed
Appears in Collections:Economics Working Papers & Policy Papers

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