On the Effects of Disinflationary Policies on Unemployment and Inflation: A Simulation Study With-Keynesian and Monetarist Models for Austria

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Year: 1985

Publisher Name: Global Science Press

Language: Multiple languages

DOI: https://doi.org/10.3790/schm.105.2-3.357

Published online: 1985-02

AMS Subject Headings: Duncker & Humblot

Pages: 30

Neck, Reinhard

Section Title	Page	Action	Price
Reinhard Neck: On the Effects of Disinflationary Policies\ron Unemployment and Inflation: A Simulation Study\rWith-Keynesian and Monetarist Models for Austria	357
1. \"Austro-Keynesianism\" Amidst the Monetarist Counter Revolution	357
2. Four Simple Models of Unemployment and Inflation	361
2.1. General Overview of the Models	361
2.2. Stein's Monetarist Model	363
2.3. A Keynesian Model	364
2.4. A New Classical Macroeconomic Model	368
2.5. A Monetarist Adaptive Expectations Model	370
2.6. Model Comparison	372
3. Simulating Disinflationary Policies in Keynesian and Monetarist Models	373
3.1. The Scope of Disinflationary Policies	373
3.2. Effects of a Constant Money Growth Rule	375
4. Concluding Remarks	382
Summary	384
Zusammenfassung	384
References	384

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