This monograph is devoted to the analysis of the dynamics of business cycles and stabilization policies. (4) If coordinated properly, monetary stabilization policies can remove the destabilizing tendency of fiscal stabilization policies.
1 An Aggregative Model of Unemployment, Cycles, and Growth.- 2 A Hicksian Two-Sector Model of Unemployment, Cycles, and Growth.- 3 Stabilization Policies and Business Cycle Dynamics.- References.- Index.