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his groundbreaking treatise, Interest and Prices, published originally in German in 1898. Here he proposed price stability …-Wicksellian world of today, characterized by inconvertible fiat money, floating exchange rates, advanced financial systems, unregulated … interest rates and well-developed asset markets. In this way, it becomes apparent that the neglect of asset markets and asset …
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his groundbreaking treatise, Interest and Prices, published originally in German in 1898. Here he proposed price stability …-Wicksellian world of today, characterized by inconvertible fiat money, floating exchange rates, advanced financial systems, unregulated … interest rates and well-developed asset markets. In this way, it becomes apparent that the neglect of asset markets and asset …
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rate and money growth in influencing economic outcomes are emphasised. Today’s standard DSGE approach to modelling …
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unemployment rate and money growth in influencing economic outcomes are also discussed. Today's standard theoretical approach to …
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