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D. Patinkin and R.W. Clower belong to the first criticists of the model IS-LM, and they have revealed its theoretical weaknesses. It was in the half of the sixties of the 20 century, i. e. at the time when there was nobody to make the effectiveness of the Keynes's policies dubious. These...
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dependence on exports of fossil fuels has been discussed for a long time, nevertheless only in 2009 a study by Ponomarev et al …
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