EconPapers    
Economics at your fingertips  
 

Una Teoría Positiva de Política Monetaria en un Modelo de Tasa Natural

Robert Barro and David Gordon ()

Latin American Journal of Economics-formerly Cuadernos de Economía, 1983, vol. 20, issue 60, 211-228

Abstract: A discretionary policymaker can create surprise inflation, which may reduce unemployment and raise government revenue. But when people understand the policymaker's objectives, these surprises cannot occur systematically. In equilibrium people form expecta

Date: 1983
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.economia.uc.cl/docs/060barra.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ioe:cuadec:v:20:y:1983:i:60:p:211-228

Ordering information: This journal article can be ordered from

Access Statistics for this article

Latin American Journal of Economics-formerly Cuadernos de Economía is currently edited by Raimundo Soto

More articles in Latin American Journal of Economics-formerly Cuadernos de Economía from Instituto de Economía. Pontificia Universidad Católica de Chile. Contact information at EDIRC.
Bibliographic data for series maintained by Jaime Casassus ().

 
Page updated 2024-07-19
Handle: RePEc:ioe:cuadec:v:20:y:1983:i:60:p:211-228