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Economics of Worldwide Stagflation by Jeffrey Sachs, Michael Bruno

Economics of Worldwide Stagflation

Jeffrey Sachs, Michael Bruno

336 pages first pub 1985 (view editions)

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The authors first construct a small macroeconomic model that takes full account of aggregate demand and supply forces in the determination of output, employment, and the price level, in both a single-economy and a multi-economy setting. They then ...

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