Mathematics作业代写:政策制定者
Keywords:Mathematics作业代写
政策制定者的这种关系的美在于他们决定他们想要哪一级的失业率,然后设定通货膨胀率来实现它。这一证据完成了凯恩斯革命。范式有一个理论框架和经验证据。大多数政府采用凯恩斯式的需求管理政策。起初他们似乎工作得很好,但随着时间的推移,通货膨胀率节节升高,失业率也在不断下降。这导致一些人质疑凯因斯的论点。该模型大多被遗弃在20世纪70年代时,出现滞胀现象。这是一个经济经历通货膨胀上升和失业的同时。凯因斯的模型是无法解释的,所以这显然错过了一些重要的东西。米尔顿·弗里德曼也许是所谓的货币主义反革命后的凯因斯模型的故障最重要的人物。弗里德曼说,政府试图通过刺激总需求会破坏经济。他描述了自然失业率的概念。这就是均衡中存在的失业问题。弗里德曼声称,这种失业不是需求不足的结果。他指出这种失业是由供应方因素造成的。例如,有些工人可能有过时的技能。政府应推行教育和培训计划,使工人能在失业时自行找到工作。自然失业率中还包括周期性和摩擦性失业,即因工作时间而失业的工人和失业工人。试图通过增加经济需求来减少失业率只会造成通货膨胀。这消除了政府干预的理由。
Mathematics作业代写:政策制定者
The beauty of this relationship for policy makers is that they decide which level of unemployment they want and then set the inflation rate to achieve it. This evidence completed the Keynesian revolution. The paradigm had a theoretical framework and empirical evidence. Most governments adopted Keynesian style demand management policies. They seemed to work well at first but as time progressed it was taking successively higher and higher levels of inflation to reduce unemployment. This led some to question Keynes’ argument. The model was mostly abandoned in the 1970s when the phenomenon of stagflation was observed. This is when an economy experiences rising inflation and unemployment at the same time. Keynes’ model was unable to explain this and so had clearly missed something important.Milton Friedman was perhaps the most important figure in the so-called monetarist counter revolution which followed the breakdown of Keynes’ model. Friedman stated that attempts by the government to stimulate aggregate demand would destabilise the economy. He described the concept of the natural rate of unemployment. This is the unemployment which exists in equilibrium. Friedman claimed that this unemployment was not the result of insufficient demand. He stated that this sort of unemployment was created by supply side factors. Some workers, for example, may have obsolete skills. The government should introduce education and training programmes so that the workers can find work on their own if it wishes to reduce unemployment. Also included in the natural rate of unemployment was cyclical and frictional unemployment i.e. workers who are unemployed because of the time of year and workers who are between jobs. Trying to reduce this unemployment by increasing demand in the economy would only create inflation. This removed the rationale for government intervention.