The Problem of Stagflation: Reflections on the Microfoundation of Macroeconomic Theory and Policy

Gottfried Haberler

in Books from American Enterprise Institute

Abstract: Gottfried Haberler examines the dilemma stagflation poses for macroeconomic policy: attempts to curb inflation through tight monetary and fiscal policies increase unemployment, and attempts to reduce unemployment through easy money accelerate inflation.

Keywords: unemployment; Fiscal policy; inflation; Keynes; AEI Press; macroeconomics; AEI Archive (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:aei:rpbook:918277

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