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Real wage rigidity and anticipated fiscal policy

Article Abstract:

Real wage rigidity indicates that the anticipation of a future fiscal expansion leads to an increase in employment and output beyond the original equilibrium and the new steady state. Using a small, open economy model with explicit treatment of the supply side, the announcement of the fiscal policy results in the increase in economic activities in the steady-state levels of output and employment.

Author: Lawler, Phillip
Publisher: Emerald Group Publishing, Ltd.
Publication Name: Journal of Economic Studies
Subject: Economics
ISSN: 0144-3585
Year: 1996
Economics, Research and Development in the Social Sciences and Humanities, Wage price policy, Wage-price policy

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The relation of government to monetary control[1]: March 29, 1935

Article Abstract:

The opinions of Lauchlin Currie, on the tenures of Government officials at Federal Reserve Board, are examined.

Publisher: Emerald Group Publishing, Ltd.
Publication Name: Journal of Economic Studies
Subject: Economics
ISSN: 0144-3585
Year: 2004
Labor force information, Executive changes & profiles, Officials and employees, Employment, United States. Federal Reserve Board, Administrative agencies, Government agencies, 1935 AD, Eccles, Marriner

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Stabilization of purchasing power through the use of public credit[1]: American Economic Association Meeting at Chicago Distribution of Purchasing Power and Business Fluctuations Round Table, Wednesday, December 30, 1936

Article Abstract:

The opinions of Lauchlin Currie, on the impact of public credit on purchasing power during 1936 are examined.

Publisher: Emerald Group Publishing, Ltd.
Publication Name: Journal of Economic Studies
Subject: Economics
ISSN: 0144-3585
Year: 2004
Public Administration & Finance, Public Finance-Total Govt, Public Admin & Finance-Total Govt, Public finance, Economic history, Purchasing power, 1936 AD

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Subjects list: Analysis, Fiscal policy, United States, History, Beliefs, opinions and attitudes, Currie, Lauchlin Bernard
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