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Major Sub-Divisions of the OECD

In: The Macroeconomic Mix in the Industrialized World

Author

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  • J. O. N. Perkins

    (University of Melbourne)

Abstract

In the previous chapter we saw that the general trend towards both higher unemployment and (at least until the very end of the period) generally also towards higher inflation was occurring alongside a tendency for the setting of the macroeconomic instruments to move in directions that could, according to the a priori arguments summarised in Chapter 2, have been expected to make inflation worse at any given level of unemployment.

Suggested Citation

  • J. O. N. Perkins, 1985. "Major Sub-Divisions of the OECD," Palgrave Macmillan Books, in: The Macroeconomic Mix in the Industrialized World, chapter 4, pages 44-62, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-07771-7_4
    DOI: 10.1007/978-1-349-07771-7_4
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