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Irving Fisher's encounter with the Quantity theory of Money began in the 1890s, during the debate about bimetallism …, and reached its high point in 1911 with the publication of The Purchasing Power of Money. His most important refinement of …
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We introduce an element of centralization in a random matching model of money that allows for private liabilities to …
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This paper examines Robert E. Lucas's views on the relationship of macroeconomics to real world economic phenomena, and on Keynes's place in its history, suggesting that these stem from a particular and debatable understanding of how the subdiscipline has evolved. It considers some implications...
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