| 000 -LEADER |
|---|
| fixed length control field |
01024pab a2200193 454500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
|---|
| fixed length control field |
180718b2007 xxu||||| |||| 00| 0 eng d |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
|---|
| Personal name |
Lavoie, Marc |
| 245 ## - TITLE STATEMENT |
|---|
| Title |
Capacity utilization, inflation, and monetary policy: the Dumenil and Levy Marco Model and the new Keynesian consensus |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. |
|---|
| Date of publication, distribution, etc. |
2007 |
| 300 ## - PHYSICAL DESCRIPTION |
|---|
| Extent |
p.586-98. |
| 362 ## - DATES OF PUBLICATION AND/OR SEQUENTIAL DESIGNATION |
|---|
| Dates of publication and/or sequential designation |
Fall |
| 520 ## - SUMMARY, ETC. |
|---|
| Summary, etc. |
The article considers the adjustment toward long-run equilibrium within the Dumenil and Levy macro model, with modifications. Findings show that long-run convergence to fully adjusted positions with normal utilization is not achieved when a more realistic reaction function is proposed. Classical equilibrium occurs when a vertical Phillips curve is substituted, but the model is isomorphic to the "new consensus" model and to features of "new" endogenous growth theory. - Reproduced. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Inflation |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
|---|
| Topical term or geographic name entry element |
Monetary policy |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
|---|
| Personal name |
Kriesler, Peter |
| 773 ## - HOST ITEM ENTRY |
|---|
| Main entry heading |
Review of Radical Political Economics |
| 908 ## - PUT COMMAND PARAMETER (RLIN) |
|---|
| Put command parameter |
N |
| 909 ## - |
|---|
| -- |
77034 |
