Letter: Robert J. Barro's "Voodoo Multipliers" Misunderstands Keynes

According to Greg Hill, Robert J. Barro thinks an effective stimulus plan must assume "sticky wages and prices" when, in fact, it need only assume the absence of comprehensive futures markets.

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Year of publication:	2009
Authors:	Hill, Greg
Published in:	The Economists' Voice. - De Gruyter, ISSN 1553-3832, ZDB-ID 2162320-X. - Vol. 6.2009, 4
Publisher:	De Gruyter

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Type of publication:	Article
Type of publication (narrower categories):	research-article
Language:	English
Other identifiers:	10.2202/1553-3832.1545 [DOI]
Source:	Other ZBW resources

Persistent link: https://www.econbiz.de/10014591697