来自《耶鲁大学开放课程：金融市场 第26集 第26集》
-
how one thinks about these two categories of recession这两种类型的经济衰退 -
in the context of an ISLM model进行了富有启发的交流 -
or in the context of a simple--或者说 在一个简单的 -
some kind of simple--macroeconomic model.宏观经济模型下来考虑经济衰退 -
The correct answer to that question, I think,我认为 这个问题的正确答案 -
is that it's pretty unambiguous that a disinflation recession毫不含糊的是 反通胀型衰退 -
is best thought of as the Federal Reserve tightening money,最好的例子是美联储紧缩银根 -
which represents some kind of leftward movement of the LM curve--使得LM曲线略微左移 -
that output declines and interest rates rise这种情况下 产出下降 利率上升 -
and that that's the proximate shock所产生的直接冲击 -
that is bringing about the recession.带来经济衰退 -
That it turns out to be a matter of semantic ambiguity--如何在简单的宏观经济模型下