Spahn, Heinz-Peter - In: European Journal of Economics and Economic Policies: … 4 (2007) 1, pp. 121-143
"Uncertainty" indicated a critical post Keynesian argument against neoclassical monetarism, but was taken up by the European Central Bank (ECB) in order to emphasize the importance of the money supply indicator in its "two pillar" strategy. In a state of model uncertainty on behalf of market and...