High Inflation and the Nominal Anchors of an Open Economy
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A high inflation process is usually due to a real imbalance and cannot be cured without a correction of real furamenta1s. Yet it can be characterized as a quasi-stable nominal process which gets divorced from the real system in what Patinkin could call a valid classical dichotomy. This paper extends
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美国国家经济研究局创建时间：
1990-11-01
