000			02179nam a22003377a 4500
008			170508s1978 wauad|||r|||| 00| 0 eng d
020			_a0844713309
020			_a9780844713304
040			_aCBNCAT
082			_a330.9'73'0926 _bCON
245			_aContemporary economic problems 1978 /
260			_aWashington : _bAmerican Enterprise Institute for Public Policy Research, _cc1978.
300			_a353p. : illus. ; 23cm.
520			_aThis volume deals with the current controversy on anti-inflation policy. Because it is convenient to identify this focal point in macroeconomic terms, the introduction supplement's Cagan’s study more directly, or at least more explicitly, than the other studies in this volume. But the work of all contributors to the volume bears quite closely on the problem to which the introduction and Cagan’s study are devoted. In these two pieces the concept of the “slack” available for the production of additional output plays a prominent role, and so does the question of what amount of slack may become associated with alternative policies. The now conventional methods of estimating the slack are seriously misleading, and the reasons for this cannot be understood without paying a good deal of attention to the structural problems with which the bulk of this volume is concerned.
590			_arpm 08/05/2017
591			_aLoans
650			_aInflation (Finance) — United States
650			_aFiscal policy — United States.
650			_aMonetary policy — United States.
650			_aInflation [Finance] — United States — Addresses, essays, lectures.
650			_aUnited States — Economic policy — 1971-
650			_aUnited States — Economic conditions — 1971-
650			_aUnited States — Economic policy — 1971- — Addresses, essays, lectures.
650			_aUnited States — Economic conditions — 1971- — Addresses, essays, lectures.
650			_aUnited States — Economic policy — 1971-1981.
650			_aUnited States — Economic conditions — 1971-1981.
651			_aUnited States
700			_a Fellner, William
942			_2ddc _cBOOK
949			_a330.9'73'0926 CON
999			_c5417 _d5417