Causes of Contemporary Stagnation

Contenu

What Should We Have Done?.- Towards an Evaluation of the Costs and Benefits of a (Dis-)Inflationary Policy in the Federal Republic of Germany.- Price and Quantity Variability under Stagflation.- The Contributions of Business Cycle Theories to the Explanation of the Actual Economic Slowdown.- International Portfolio-Shifts and the Choice of a Monetary Rule.- Long Waves in Relative Prices: An Interpretation.- Real Wages, Business Cycles and Unemployment.- Stagflation and the Recent Revival of Schumpeterian Entrepreneurship.- The Influence of Wage Rate Variations on the Level of Employment with and without an Exogenous Interest Rate.- Asymmetric Adjustment Costs and Price Stickiness.