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The quantity theory of money is a theory that the quantity of money matters in income creation. Curiously, this theory …
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This book extends the KMG framework (Keynes, Meltzer, Goodwin) and focuses on financial issues. It integrates Tobin's macroeconomic portfolio approach and emphasizes the issue of stock-flow consistency
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This paper presents a simple synthesis of Keynesian, monetary, and portfolio approaches to macroeconomic theory under …
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