Rudiger Dornbusch on Change
Browse 2 quotations attributed to Rudiger Dornbusch, catalogued under change, with dates where available.
This page displays 2 quotations attributed to Rudiger Dornbusch and filed under "change" in QuoteLineage. The selection is ordered by stored importance and quality scores, not citation counts. A topic label describes how an entry is catalogued; it does not establish the theme's importance in the author's work.
Attributed to Rudiger Dornbusch, entry #110338: "Monetary policy affects the ... of goods and assets and effects through changes in explicit or implicit real interest rates on aggregate demand."
Attributed to Rudiger Dornbusch, entry #11825: "The model retains the uncomfortable property that any increase in demand for home output ... leads to nominal and real appreciation... The uncomfortable fact remains that even in …"
2 Quotes by Rudiger Dornbusch on Change
"Monetary policy affects the ... of goods and assets and effects through changes in explicit or implicit real interest rates on aggregate demand."
"The model retains the uncomfortable property that any increase in demand for home output ... leads to nominal and real appreciation... The uncomfortable fact remains that even in this model there is a short-run tendency for an expenditure increase to induce an appreciation... Expansionary fiscal policy will lead to an initial depreciation of the nominal and real exchange rate if ... is accommodated by an expansion in nominal money."