ISSN:
1467-9914
Source:
Blackwell Publishing Journal Backfiles 1879-2005
Topics:
Economics
Notes:
: This paper aims at analysing the effects of monetarist and keynesian policies on Italian unemployment rate. Furthermore, it examines whether an optimal policy exists such that unemployment can be lowered without negatively affecting other policy targets (inflation or balance of trade). To answer these questions, interactive control methods are applied to a simple, intermediate-run, disequilibrium model of the Italian economy. A comparison between actual and optimal policies is also provided.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1111/j.1467-9914.1987.tb00110.x
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