Journals Higher Education



31 March 2010

208 Pages | 29 line drawings

6-1/8 x 9-1/4 inches

ISBN: 9780195397901

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Bookseller Code (06)

Expectations, Employment and Prices

Roger Farmer

  • A new paradigm for macroeconomics
  • Overturns the natural rate hypothesis
  • New suggestion for how to conduct monetary policy
  • Explains the limitations of fiscal policy
  • Explains how inflation and unemployment can coexist

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