Kydland and Edward C. Prescott argue that discretion mechanism only leads to a secondary choice. The government should adopt consistence of money or time policy so as to attain the decided economic target and superior balance of economy.

 
  • 传统的经济学理论认为熏相机抉择机制能有效地解决经济活动中的滞胀问题熏然而芬恩·基德兰德(FinnE.;Kydland)和爱德华·普雷斯科特(EdwardC
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