An Empirical Marco-model of an Open Economy under Fixed Exchange Rates: The United Kingdom, 1954-1970.
By their very nature, the analytic models that we use to teach macroeconomics to our students, and to organize our thinking about policy issues, are highly simplified. There is nothing wrong with leaving out of a model factors that are present in the real-world, provided that what is left out is, gi...
| Publicado en: | Economica Vol. 47; no. 186; pp. 141 - 159 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
May80
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |