Andrés, Javier (contributor); … - 2004 - [Elektronische Ressource]
expectations theory of the term structure
can be traced to movements in the relative stocks of financial assets. The
richer … 1969, p. 29). This message
was a departure from both the simplest quantity-theory setup–where nom-
inal aggregate demand … the models that
Tobin criticized. For example, in contrast to the simple quantity theory, the
LM relationship in the New …