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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
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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.
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