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Our policy approach - PowerPoint PPT Presentation

Short run or long run? (full adjustment of capital, expectations, etc.)

Schools of Macroconomics. Neo-classical growth model. Classical or non-classical? (sticky wages and prices, rational expectations, etc. yes. long- run. Marxist theories? Behavior growth theories? Malthusian trap models?. no. Short run or long run? (full adjustment of capital,

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Our policy approach - PowerPoint PPT Presentation

Short run or long run? (full adjustment of capital, expectations, etc.)