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- W1616530407 abstract "If a Governments follows a passive monetary policy, is unable to control prices because of administrative reasons, and cannot influence directly the private sector's expectations with respect to the rate of inflation, a finite rate of free inflation can be obtained through the control of some key prices, and the periodic twist of the goods and services on which such control is maintained, in order to prevent the elimination of the corresponding market. This is what can technically be called a variable standard passive money model. The objective of this paper is to introduce such models and to analyze the implications of a generalized indexation of the economy in such context." @default.
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- W1616530407 date "1976-12-30" @default.
- W1616530407 modified "2023-09-24" @default.
- W1616530407 title "Un modelo de dinero pasivo de patrón variable" @default.
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