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宏观经济学7剖析(失业与通货膨胀)
第七章 解剖失业和通货膨胀 The anatomy of inflation and unemployment 失业和通货膨胀是民众关注的焦点问题 选择失业和通货膨胀代价最低的组合 In 1999, neither employment nor inflation was regarded as major issues. Pick up the lowest-cost combination of unemployment and inflation “big picture ” Two main costs of unemployment Lost production Undesirable effects on the distribution of income The costs of inflation 失业的成本: 产量损失, 收入分配的效应 通货膨胀的成本: 可预期的通货膨胀的代价较小 不可预期的通货膨胀引起明显的财富再分配 7-1 unemployment (失业) Okun’s law 1 extra point of unemployment costs 2 percent of GDP. distributional consequences 奥肯定理 1%的失业率导致2%的GDP损失 Fig 7-1 Okun’s Law:
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