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Policy Simulations

  • Giancarlo Gandolfo
  • Pietro Carlo Padoan
Part of the Lecture Notes in Economics and Mathematical Systems book series (LNE, volume 236)

Abstract

The simulations that we present in the following pages are divided into four groups. The first and most numerous group includes seven antiinflationary policies. With the exception of the first one (the standard monetarist rule) they reflect alternative “ad hoc” antinflationary rules which have been proposed within the Italian economic policy debate and which, in different ways, aim to modify the full wage escalator clauses which were introduced into the Italian economy at the end of 1975.

Keywords

Exchange Rate Current Account Real Wage Money Supply Monetary Authority 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer-Verlag Berlin Heidelberg 1984

Authors and Affiliations

  • Giancarlo Gandolfo
    • 1
  • Pietro Carlo Padoan
    • 1
  1. 1.Faculty of EconomicsUniversity of RomeRomeItaly

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