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Economic Stabilization Policy: A Survey

Staff Report 68 | Published September 1, 1981

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Author

Preston J. Miller Former Vice President and Monetary Adviser

Economic Stabilization Policy: A Survey

Abstract

This paper reviews selected studies in the theory of macroeconomic stabilization policy and summarizes their key findings. A simple model is constructed which includes all surveyed models as special cases. All solutions are derived and described step by step.