Is There a Macroeconomic World of One Simple Model?: Reply*

W. E. Norton and McDONALD Robin

The Economic Record, 1984, vol. 60, issue 2, 190-191

Abstract: Two questions arise from the note by Hughes: is there a choice for policy in the short term between more production and less inflation and can special factors, such as institutional arrangements for the fixing of wages, have an influence on outcomes for inflation? We will take these questions in turn.

Date: 1984
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