LIBROS DEL AUTOR: edmund sphelps

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  • Inflation Policy and Unemployment Theory
    Edmund S. Phelps / Edmund SPhelps
    A major advance toward understanding the forces that lead to inflation and unemployment, this study takes a cost-benefit approach to monetary planning. Professor Phelps views a reduction of inflation by monetary means as a social investment and argues that such an investment must be subjected to cost-benefit tests. By extending his analysis into questions of efficiency and reso...
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