THEORETICAL APPROACHES TO MONETARY DISINFLATION
综述了1980年代关于货币反通胀如何实现的理论文献，介绍了四种模型（货币主义、新凯恩斯主义、新古典主义和后凯恩斯主义）对伴随反通胀的经济衰退的解释及缓解衰退的政策措施。
Abstract. During the 1980s many countries adopted tight monetary policies to reduce high inflation rates which were the legacy of the 1970s. As inflation threatens to rise at the beginning of this decade, this paper provides a survey of the 1980s literature which sought to provide theoretical understandings of how monetary disinflation is achieved. Four models are presented—monetarist, neo‐Keynesian, new classical and post‐Keynesian. Each model's explanation of the recession which accompanies the monetary disinflation is outlined, as well as possible policy measures to reduce the extent of the recession and to hasten the return to full employment.