macroeconomic policy and the optimal destruction of vampires

Snower, Dennis J. (March 1981) macroeconomic policy and the optimal destruction of vampires. Former Series > Forschungsberichte / Research Memoranda 162


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summary: this paper provides a framework for the synthesis of vampirism and macroeconomics. vampires influence macroeconomic activity by devouring the labor force and by provoking protective human activities which divert resources from other productive uses. on the other hand, human macroeconomic activity influences vampirism by providing blood whereby vampires are nourished and stakes whereby they are destroyed. a mathematical model is built which describes the delicate ecological balance between humans and vampires. in this context, the role of stabilization policy is examined. the complete destruction of the vampire species is shown to be socially undesirable.;

Item Type: IHS Series
Date Deposited: 26 Sep 2014 10:34
Last Modified: 01 Apr 2016 14:07

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