The Role of Economic Policy after the New Classical Macroeconomics
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The paper considers the implications of the rational expectations New Classical Macroeconomics revolution for the 'rules versus discretion' debate. The following issues are covered: 1) The ineffectiveness of anticipated stabilization policy, 2) Non-clausal models and rational expectations, 3)
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美国国家经济研究局创建时间：
1980-11-01
