| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP164 |
| DP164 An Aggregate Model of Output, Inflation and Interest Rates for Industrialised Countries | |
| Michael Beenstock | |
| 发表日期 | 1987-03-01 |
| 出版年 | 1987 |
| 语种 | 英语 |
| 摘要 | We estimate an aggregate econometric model of the industrial economies using annual data drawn from the postwar period. The model includes equations for GDP, inflation, interest rates and non-oil commodity prices. GDP and inflation reflect the evolution of aggregate supply and demand while commodity prices vary directly with economic activity and real oil prices and inversely with real interest rates. The latter depend upon the supply and demand for loanable funds in the world capital market as well as portfolio balance effects and economic activity. |
| 主题 | International Macroeconomics |
| 关键词 | Commodity prices Gdp Loanable funds Oil prices Portfolio balance effect World capital market |
| URL | https://cepr.org/publications/dp164 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529320 |
| 推荐引用方式 GB/T 7714 | Michael Beenstock. DP164 An Aggregate Model of Output, Inflation and Interest Rates for Industrialised Countries. 1987. |
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