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This paper critically evaluates two different approaches to teaching macroeconomics at the undergraduate level through the comparison of two popular, recent handbooks: Olivier Blanchard's Macroeconomics (2021) and William Mitchell, Randall Wray and Martin Watts's Macroeconomics (2019). These...
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This paper presents a theory of the monetary transmission mechanism in an old-Keynesian model with multiple equilibrium …
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"This paper presents a theory of the monetary transmission mechanism in an old-Keynesian model with multiple …
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