Monetary Policy and the German Unemployment Problem in Macroeconomic Models Theory and Evidence /
Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past forty years. It shows that in recent years a convergence has taken place, with modern models embodying a Keynesian transmission mechanism, monetarist policy implication, and modeli...
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| Format: | Electronic eBook |
| Language: | English |
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Berlin, Heidelberg :
Springer Berlin Heidelberg,
2005.
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| Series: | Kieler Studien - Kiel Studies,
334 |
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| Online Access: | Full Text via HEAL-Link |
