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Money Illusion and Strategic Complementarity as Causes of Monetary Non-Neutrality - Lecture Notes in Economics and Mathematical Systems Jean-Robert Tyran Softcover reprint of the original 1st ed. 1999 edition
Money Illusion and Strategic Complementarity as Causes of Monetary Non-Neutrality - Lecture Notes in Economics and Mathematical Systems
Jean-Robert Tyran
In principle, money illusion could explain the inertial adjustment of prices after changes of monetary policy. Hence, money illusion could provide an explanation of monetary non-neutrality. This book argues that money illusion has been prematurely dismissed as an explanation of monetary non-neutrality.
228 pages, biography
| Media | Books Paperback Book (Book with soft cover and glued back) |
| Released | July 15, 1999 |
| ISBN13 | 9783540658719 |
| Publishers | Springer-Verlag Berlin and Heidelberg Gm |
| Pages | 228 |
| Dimensions | 155 × 235 × 13 mm · 344 g |
| Language | English |