Sixties and the Seventies. His work on asset markets placed the credit market, along with the money market, at center stage … did not depend exclusively on the interest sensitivity of the demand for money but on the relative interest elasticities … markets and institutions. Finally, Brunner launched and managed the Journal of Money, Credit and Banking , the Journal of …

between "theoretical" and "empirical" monetarism. Theoretical monetarism is identified as a critique of the IS/LM transmission … mechanism. However, the IS/LM can be readily modified to accommodate this criticism. Empirical monetarism is identified with …

Europe in the 1990s. Key words: central banking, central bank independence, Ordoliberalism, Keynesianism, monetarism JEL …

chartalist, respectively), the rate of wage inflation depends on either unemployment or the wage-setting policies of the …We hope to model financial fragility and money in a way that captures much of what is crucial in Hyman Minsky … inflation affects aggregate demand through its impact on the value of assets and debts. Bank rates depend on an endogenous …