 | Models of Inflation and the Costs of Disinflation Author/Editor: Guy Meredith, Bankim Chadha, Paul R Masson. Release Date:October, 1991 This paper focuses on the output costs of disinflation. A model of inflation with both forward and backward elements seems to characterize reality. Such an inflation model is estimated using data for more...
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| Economic Implications of German Unification for the Federal Republic and the Rest of the World Author/Editor: Paul R Masson, Guy Meredith. Release Date:September, 1990 The economic effects of German unification are first discussed in the context of a global saving/investment model. Next, simulations of MULTIMOD are presented, suggesting for the FRG an initial more...
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