Demand management with rationing
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Title: | Demand management with rationing | Authors: | Moore, Michael J. | Permanent link: | http://hdl.handle.net/10197/1402 | Date: | Jun-1983 | Online since: | 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. | Item 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/Report no.: | UCD Centre for Economic Research Working Paper Series; No. 10 | Subject LCSH: | Equilibrium (Economics) Demand (Economic theory) Monetary policy Fiscal policy |
Language: | en | Status of Item: | Not peer reviewed | This item is made available under a Creative Commons License: | https://creativecommons.org/licenses/by-nc-sa/1.0/ |
Appears in Collections: | Economics Working Papers & Policy Papers |
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