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Output Fluctuations and Gradual Price Adjustment

Robert J. Gordon

出版	National Bureau of Economic Research, 1981
URL	http://books.google.com.hk/books?id=GUcdAQAAMAAJ&hl=&source=gbs_api

註釋

This paper reviews the leading ideas that have emerged within two paradigms of price adjustment. Neither, it appears, provides a satisfactory theoretical scheme when taken in isolation. This paper concludes that an attempt to merge the more convincing elements of each is needed, and some suggestions for such a merger are put forward.