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The U. S. economy : are analysts missing the Point

By: NUNES, João Marcus M.
Material type: materialTypeLabelArticlePublisher: São Paulo : Editora 34, jan./mar. 1998Revista de Economia Política = Brazilian Journal of Political Economy 18, 1, p. 44-57Abstract: The conventional view on the U.S. economy is that economic growth above “potential” is bad for bonds since it spells inflation. The purpose of this note is to show that following the Volker deflation (1980/82), the policy regime changed and greater economic stability obtained
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The conventional view on the U.S. economy is that economic growth above “potential” is bad for bonds since it spells inflation. The purpose of this note is to show that following the Volker deflation (1980/82), the policy regime changed and greater economic stability obtained

Revista de Economia Política 1998

v. 18, n. 1(69)

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