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Since the inflationary 1970s, theoretical work on monetary policy has concentrated almost exclusively on price-level stabilization and the avoidance of nominal shocks. In the …
This volume contains the proceedings of a conference held to assess the current state of the analysis of the labour market and of industrial relations and their relationship to …
Monetary Theory and Policy Experience offers a broad context for the question of why governments prefer to limit themselves to a specific inflation target. Academic specialists and …
Growth patterns have changed radically over the last two decades, to which capital and the labour markets appear to have failed to adapt. Unemployment in Europe has been growing, …
Explaining Growth attempts to compile the most comprehensive assessment of growth in developing and transition countries. The first phase has sought to review and discover broad …