Dia 1

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Figure 28.1 Overview of the economic policy
framework
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Figure 28.2 Robert Barro, 1944 -
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Figure 28.3 Different policy preferences U 3,
? 0
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Figure 28.4 Monetary base and interest rate
targeting
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Figure 28.5 Short-run stability of the Phillips
curve, USA 1960s
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Figure 28.6 Long-run instability of the Phillips
curve, USA
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Figure 28.7 The expectations-augmented Phillips
curve
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Figure 28.8 The Phillips curve USA, UK, Italy,
and Japan, 1990-2009
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Figure 28.8 The Phillips curve USA, UK, Italy,
and Japan, 1990-2009
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Figure 28.9 Optimal surprise inflation policy
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Figure 28.10 Rational expectations inflation
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Figure 28.11 Rules versus rational expectations
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Figure 28.12 Australia changes in OECD estimated
output gaps, 1999-2008