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Underlying Equilibrium Growth Paths

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Interest Rates, Exchange Rates and World Monetary Policy
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Abstract

A required foundation for all the analysis that follows is an understanding of the underlying full-employment growth paths around which relevant variables can deviate in the short run. The purpose of this chapter is to develop and present the theory relating to how these growth paths are determined.

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Correspondence to John E. Floyd .

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© 2010 Springer-Verlag Berlin Heidelberg

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Floyd, J.E. (2010). Underlying Equilibrium Growth Paths. In: Interest Rates, Exchange Rates and World Monetary Policy. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-10280-6_3

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  • DOI: https://doi.org/10.1007/978-3-642-10280-6_3

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-10303-2

  • Online ISBN: 978-3-642-10280-6

  • eBook Packages: Business and EconomicsEconomics and Finance (R0)

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