Calcutta ReviewUniversity of Calcutta, 1985 |
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Page 15
... inflation and unemployment . This trade - off character was first dramatized by Professor Samuelson and Solow ( 1960 ) in an important paper . They asked what would happen if the government took steps to hold the price level at Y2 at ...
... inflation and unemployment . This trade - off character was first dramatized by Professor Samuelson and Solow ( 1960 ) in an important paper . They asked what would happen if the government took steps to hold the price level at Y2 at ...
Page 21
... inflation rate P is equal to the expected inflation rate pe plus a term that depends upon the difference between actual and potential output . Aggregate Demand function : Y1 * = Y1_1 + yf + $ ( m — P ) + λ ^ Pe t The demand function ...
... inflation rate P is equal to the expected inflation rate pe plus a term that depends upon the difference between actual and potential output . Aggregate Demand function : Y1 * = Y1_1 + yf + $ ( m — P ) + λ ^ Pe t The demand function ...
Page 22
... inflation , but the AD curve is shown shifting up less to AD1 . The actual inflation rate rises and the level of output falls . The actual inflation rate rises by less than the expected inflation rate . This difference in the relative ...
... inflation , but the AD curve is shown shifting up less to AD1 . The actual inflation rate rises and the level of output falls . The actual inflation rate rises by less than the expected inflation rate . This difference in the relative ...
Contents
A NeoKeynesian Critique | 1 |
Art in the Kushāna Empire | 29 |
Sati Chatterjee | 51 |
Copyright | |
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Aesthetic aggregate demand Ahichchhatrā Akali Ancient India architecture attitude B. N. Mukherjee Bactria Begram breadth Buddha Buddhist Calcutta Christian classical coins cult datable early economic equilibrium Excavations excluding postage female deity figure Gandhāra goddess gurdwara Hastinapura height Huvishka Imperial Kushāņas important inflation rate inflationary inscription Journal Kanishka KCLFR Keynes Keynesian Kushāņa Kushāņa empire labour lotus macroeconomic Mathura ment monetary policy mother-goddess movement mysticism nāga Naigameśa neo-Keynesian non-co-operation objects output Patinkin pedestal phase Phillips curve plaque public works policy Punjab Purulia rate of inflation reform region religious sculptures second century B.C. SGPC shrine Sikh Single copy Sonkh standing stella stone stratum stūpa stylistic supply-side Supply-side Economics T. S. Eliot Taxila terracotta terracotta female figurines terracotta figurines theoretical theory tion tirthankaras Tobin Treatise unemployment Unitarian University UNIVERSITY OF CALCUTTA votive wage