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                    | Dornbusch R., Fischer S. — Macroeconomics |  
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                    | Ïðåäìåòíûé óêàçàòåëü |  
                    | | Aaron, Henry      278n. 570n. Accelerator model      348
 Accelerator model, flexible      342
 Accessions      506
 Accommodation policies, budget deficits      551—554
 Accommodation policies, supply shocks      234
 Action lag      452—453
 Activist policy      460—464
 Activist policy, announcements and      463—464
 Activist policy, dynamic inconsistency and      463
 Activist policy, growth in money supply and      460 462
 Activist policy, rules versus discretion and      461—464
 Activist policy, tine tuning      460—461
 Activist policy, type of disturbance and      460—461
 Adams, F. Gerard      25
 Adaptive expectations      475—476
 Adaptive expectations, adjustment process and      see "Inflation and unemployment adjustment
 Adjustable rate mortgages (ARMS)      365n. 522
 Agenor, Pierre-Richard      607n.
 Aggregate demand      21 24 55—81
 Aggregate demand curve      22—24 190—197
 Aggregate demand curve, change in the price level and      192—194
 Aggregate demand curve, defined      190 192
 Aggregate demand curve, derivation of      191—195
 Aggregate demand curve, dynamic      476—478
 Aggregate demand curve, fiscal expansion and      197 198
 Aggregate demand curve, formal presentation of      194—195
 Aggregate demand curve, introduction to      189—190
 Aggregate demand curve, Keynesian aggregate supply curve and      202 203
 Aggregate demand curve, monetary expansion and      197—200
 Aggregate demand curve, slope of      191 194—197
 Aggregate demand, actual      57
 Aggregate demand, aggregate supply and      20—24
 Aggregate demand, components of      see "Components of demand"
 Aggregate demand, defined      21 55 69
 Aggregate demand, equilibrium output and      56—57
 Aggregate demand, government sector and      see "Government sector"
 Aggregate demand, great depression and      443
 Aggregate demand, inflation and      476—478
 Aggregate demand, interest rates and      92—99
 Aggregate demand, multiplier and      65—69
 Aggregate demand, planned      57
 Aggregate demand, policies      197—200
 Aggregate supply      21—22 24
 Aggregate supply curve      22—24 200 224—227
 Aggregate supply curve, components of      213 224—226
 Aggregate supply curve, cost-price relationship and      224—225
 Aggregate supply curve, defined      192 200 226
 Aggregate supply curve, derivation of      224—226
 Aggregate supply curve, dynamic      see "Expectations-augmented aggregate supply [Phillips] curve"
 Aggregate supply curve, employment and wages and      225—226
 Aggregate supply curve, flat      55
 Aggregate supply curve, inflation expectations and      470—476
 Aggregate supply curve, introduction to      189—190
 Aggregate supply curve, Keyncsian      200—206
 Aggregate supply curve, Phillips curve and      225
 Aggregate supply curve, production function and      224
 Aggregate supply curve, properties of      226—227
 Aggregate supply curve, slope of      213 226
 Aggregate supply curve, supply shocks and      see "Supply shocks"
 Aggregate supply, aggregate demand and      20—24
 Aggregate supply, basic phenomenon of      213
 Aggregate supply, neoclassical model of the labor market and      256—260
 Aggregate supply, theory of      213 216
 Akerlof, George A.      7 221n. 506n.
 Akhtar, M.A.      283n. 591n.
 Alesina, Alberto      526n. 583n.
 Aliber, Robert Z.      449n.
 Ando, Albert      299n. 306
 Anticipated inflation      517—518
 Appreciation, currency      157
 Appreciation, currency, exchange rates and      173—175
 Appreciation, currency, real      161n.
 Apprenticeships      513
 Arrow, Kenneth      446n.
 Aschauer, David      280
 Aspe, Pedro      608n.
 Asset Market equilibrium      see "Money market equilibrium"
 Asset price of housing      353 354
 assets      100—102
 Assets market equilibrium schedule      see "LM curve and the assets market"
 Assets, bonds      see "Bonds"
 Assets, equities (stocks)      101
 Assets, financial      100—101 369
 Assets, government      590—591
 Assets, household holdings of      101
 Assets, interest-bearing      102
 Assets, life-cycle theory of consumption and savings and      302—305
 Assets, money      see "Money"
 Assets, real      102
 Assets, real return on      540—543
 Assets, tangible      100 102
 Auerbach, Alan J.      305n. 570n.
 Automatic stabilizers      72
 Automatic transfers from saving (ATS) accounts      372
 Backward-bending labor supply curve      241n.
 Bagehot, Walter      412—413
 Baker, Michael      507n.
 Balance of payments      150—152
 Balance of payments, capital mobility and      165—166
 Balance of payments, exchange rates and      see "Exchange rates"
 Balance of payments, financing deficits      151—152
 Balance of payments, main accounts in      150—151
 Balance of payments, monetary approach to      613—616
 Balance of payments, monetary approach to, curtailment of domestic credit and      614—615
 Balance of payments, monetary approach to, depreciation and      616
 Balance of payments, monetary approach to, IMF and      614—615
 Balance of payments, monetary approach to, sterilization and      613—614
 Balance of payments, rule for accounting for      150
 Balance of payments, surplus      152
 Balance sheets, banks      403—404
 Balance sheets, Fed      408—410
 Balanced budget multiplier      78
 Baldwin, Richard      612n.
 Banker's acceptances      373
 Banks      401
 Banks, balance sheet of      403—404
 Banks, failure of      405—406 440
 Banks, insurance for      405—406 433—435
 Banks, money supply process and      402—406
 Banks, reluctance to lend by      127—128
 Banks, runs on      405—406
 Barnett, William      386
 Barro — Ricardo equivalence proposition      587—588
 Barro — Ricardo hypothesis      320 567
 Barro, Robert J.      4 6 209 249 276n. 278—279 320 379n. 548 587
 Barter economy      374
 Barth, James R.      581n.
 Bartley, Robert L.      5n. 281n. 574n.
 Base-weighted price index      53
 Batten, Dallas S.      386n. 416n.
 Baumol — Tobin transactions demand model      377n. 396—398
 Baumol — Tobin transactions demand model, qualifications      379—380
 Baumol, William J.      278n. 311n. 378
 Bean, Charles      514n.
 Beer, C.      36n.
 Beggar-thy-neighbor policy      177—178 442
 Bequests      305—306 315
 Bernanke, Ben      7 128n. 425 427n. 445n.
 Bernheim, Douglas      320n. 587n.
 Bewlev, Truman      314n.
 Bhandari, Jagdeep      607n.
 Bilateral exchange rates      158
 Blackman, Anne B.      278n.
 Blanchard, Olivier      7 81n. 243n. 512n. 582n. 587n. 603n.
 Blank, Rebecca      520n.
 Blejer, Mario      580n. 588n.
 Blinder, Alan S.      221n. 520n. 553n.
 Bolivia      560—561
 bonds      100—101
 
 | Bonds as wealth      587—588 Bonds, coupon of      113 364
 Bonds, defined      100 102
 Bonds, indexed      523
 Bonds, open market purchase of      124—126
 Bonds, perpetuity      100 113
 Bonds, real      103—104
 Bonds, relationship between price and yield      113—116 364—367
 Bonds, savings      373
 Bonds, yield on      364
 Boschen, John      249n.
 Boskin, Michael      282n. 319n.
 Bossons, John      306n.
 Bosworth, Barry      345n. 570n.
 Bradley, Michael D.      429n.
 Braun, Steven      358n.
 Bretton Woods system      625 632
 Brokerage fee      377 378 379
 Brown, Charles      513n.
 Brown, E. Cary      78n. 439n. 441n. 578n.
 Browne, Frank      427n.
 Brumbaugh, R. Dan, Jr.      434n.
 Brumberg, Richard      299n.
 Brunner, Karl      209 386n. 439n. 538n.
 Bruno, Michael      524n. 549n. 561n.
 Bryant, Ralph C.      628n.
 Budget balancing      440 567
 Budget constraint      60 551 576—577 583
 Budget deficits      75—77 567—597
 Budget deficits, composition of      569 571
 Budget deficits, controlling      575—576
 Budget deficits, cyclical      569 571
 Budget deficits, debt financed      576 585—589
 Budget deficits, debt financed, Barro — Ricardo equivalence      587—588
 Budget deficits, debt financed, end to      583—584
 Budget deficits, debt financed, inflation and      583
 Budget deficits, debt financed, money financing and      588—589
 Budget deficits, debt financed, neoclassical approach      587—588
 Budget deficits, debt financed, transitory deficits      585—587
 Budget deficits, defined      76
 Budget deficits, discretionary spending component of      571—573
 Budget deficits, factors responsible for      572—574
 Budget deficits, financing of      411 576—579
 Budget deficits, financing of, key points in      580
 Budget deficits, hyperinflation and      559—562
 Budget deficits, identities concerning      46—48
 Budget deficits, inflation and      see "Money and inflation budget
 Budget deficits, inflation-adjusted      562 580n.
 Budget deficits, interest rates and      573
 Budget deficits, Laffer curve and      574—575
 Budget deficits, monetizing      134 551—554
 Budget deficits, money financed      576 583—584 588—589
 Budget deficits, national debt and      577—578 See
 Budget deficits, national savings rates and      316 319
 Budget deficits, permanent      583—584
 Budget deficits, political stalemate and      574
 Budget deficits, primary (noninterest)      579—580
 Budget deficits, recessions and      571
 Budget deficits, reserve requirements and      404n.
 Budget deficits, Social Security and      570
 Budget deficits, structural      569 571
 Budget deficits, supply-side economics and      574—575
 Budget deficits, taxes and      574—576
 Budget Enforcement Act of 1990      576
 Budget surplus      75—77
 Budget surplus, balanced budget multiplier      78
 Budget surplus, defined      76
 Budget surplus, effect of fiscal policy on      77—81
 Budget surplus, full-employment      78—81
 Budget surplus, retiring debt and      578
 Buffer-stock saving      315—316
 Bureau of Economic Analysis      34—35
 Burtless, Gary      345n. 570n.
 Bush, George      12
 Business cycle      13 55
 Business cycle, budget deficits and      569 571
 Business cycle, fully employed factors of production and      13—14
 Business cycle, inflation and      18—19
 Business cycle, inventories and      359—360
 Business cycle, investment and      332—333
 Business cycle, output gap and      14—16
 Business cycle, real      see "Real business cycle theory"
 Business fixed investment, alternative approaches to      331 332 346—352
 Business fixed investment, alternative approaches to, accelerator model and      348
 Business fixed investment, alternative approaches to, cost of capital effects and      348
 Business fixed investment, alternative approaches to, credit rationing and      349—351
 Business fixed investment, alternative approaches to, discounted cash flow analysis and      346—348 364—367
 Business fixed investment, alternative approaches to, investment fluctuations and      331 351—352
 Business fixed investment, alternative approaches to, investment fluctuations and, timing of decisions and      352
 Business fixed investment, alternative approaches to, investment fluctuations and, uncertain expectations and      351
 Business fixed investment, alternative approaches to, retained earnings and      349 351
 Business fixed investment, alternative approaches to, sources of funds and      349
 Business fixed investment, neoclassical approach to      331—346
 Business fixed investment, neoclassical approach to, Cobb — Douglas form and      345 367
 Business fixed investment, neoclassical approach to, desired capital stock and      see "Desired capital stock"
 Business fixed investment, neoclassical approach to, empirical results of      345
 Business fixed investment, neoclassical approach to, flexible accelerator model and      342—344
 Business fixed investment, neoclassical approach to, investment tax credit and      344—345
 Business fixed investment, neoclassical approach to, marginal productivity of capital and      see "Marginal productivity of capital"
 Business fixed investment, neoclassical approach to, rental cost of capital      see "Rental [user] cost of capital"
 Business fixed investment, neoclassical approach to, summary      346
 Business savings      316—318
 Cagan, Phillip      388 538n. 559n.
 Cairncross, Alec      442n.
 Campbell, John      314n.—315n. 319n.
 Capital account in balance of payments      151
 Capital consumption allowance      31
 Capital flight      284
 Capital gains      101 341
 Capital mobility      150 164—167
 Capital mobility, balance of payments and      165—166
 Capital mobility, capital flows and      165—166
 Capital mobility, described      164
 Capital mobility, interest rate differentials and      164—165
 Capital mobility, internal and external balance and      166—167
 Capital mobility, perfect      see "Mundell — Fleming model of perfect capital mobility"
 Capital stock      331—332
 Capital stock, adjustments to      342—344
 Capital stock, rental cost of      see "Rental [user] cost of capital"
 Capital stock, return to      336—338
 Capital, growth in real GDP and      10
 Carlino, Gerald A.      282n.
 Carlson, Keith      283n.
 Carson, Carol S.      34n.
 Carter, Jimmy      12 139
 Cecchetti, Stephen G.      223n.
 Central banks      445
 Central banks, balance of payments and      151—152
 Central banks, endogenous money stock and      170
 Central banks, European Monetary system and      154
 Central banks, exchange rates and      152—153
 Central banks, financing government deficits      411
 Central banks, independence of      528—529
 Central banks, zero inflation target and      528—529 551
 Certificates of deposit (CDs)      371
 Chadha, Bankim      547n.
 Chari, V.V.      463n.
 Cheasty, Adrienne      580n.
 Checkable deposits      369—372 376
 Chenery, H.      284n.
 Chinn, Menzie      429n.
 Chirinko, Robert S.      348n. 356n.
 Choi, Don H.      221n.
 Choi, Suengmook      387n.
 Chouraqui, Jean-Claude      582n.
 Christiano, Lawrence      494n.
 Chrystal, K. Alec      526n.
 Clark, Kim B.      506n. 508n.
 Classical aggregate supply curve      200—202
 Classical aggregate supply curve, derivation of      240—242
 
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