Alternative Modes of Deficit Financing and Endogenous Monetary and Fiscal Policy 1923-1982
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This paper first investigates the effects of alternatives modes of deficit financing on the unemployment rate, inflation rate, and the real interest rate, within the framework of a small complete macroeconomic model. Secondly, it examines the nature of monetary and fiscal reaction functions. The two
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美国国家经济研究局创建时间：
1987-01-01
