Abstract
[Autom. eng. transl.] Starting from the works of Blanchard and Summers (1986) and, in particular, of Ball (1997, 1999, 2014), many authors have proposed different arguments aimed at explaining how a change in aggregate demand can have persistent (and permanent) effects on the level of GDP. This phenomenon is known as hysteresis.
| Translated title of the contribution | [Autom. eng. transl.] Autonomous Demand and Aggregate Supply in the United States (1970-2021): A Test of the Positive Hysteresis Hypothesis |
|---|---|
| Original language | Italian |
| Pages (from-to) | 1-6 |
| Number of pages | 6 |
| Journal | ECONOMIA E POLITICA |
| Publication status | Published - 2024 |
Keywords
- Isteresi
- Inflazione
- Domanda aggregata