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明海大学マクロ経済学:影山純二(学生用)

13.5 補足資料

景気過熱:Y1> YF

• Y = YFまで物価上昇

•景気が過熱しているときにインフレ(持続的な物価上昇)は起こりやすい P

Y AS (長期)

AS (短期) AD YF

E1

E2

Y1

不況:Y1< YF

• Y = YFまで物価下落

•景気が悪いときにデフレ(持続的な物価下落)は起こりやすい P

Y AS (長期)

AS (短期)

AD YF

E1

E2

Y1

スタグフレーション(不況とインフレの同時進行):1970年代の石油危機など

• YF が突然下がった(長期のASが左へシフト、Y1F Y2F) –新たなY = YF が達成されるまで物価上昇 = インフレ

–均衡GDP (Y )は景気が過熱していたわけでもないのに減少 = 不況

P

Y AS (長期)

AS (短期) AD E1

E2

Y1F

Y2F

69

参照

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