Money Illusion and Strategic Complementarity as Causes of Monetary Non-Neutrality

By Jean-Robert Tyran

Book Overview

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. However,... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 3540658718
• ISBN13: 9783540658719
• Release Date: July 1999
• Publisher: Springer
• Length: 228 Pages
• Weight: 0.76 lbs.
• Dimensions: 0.5" x 6.1" x 9.2"