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consumption function and the demand for money, not to mention monetary history, which helped to undermine the post World War 2 … case for a money growth rule, and the expectations augmented Phillips curve are then taken up, followed by a discussion of … Phillips curve, is also assessed in the light of his own preference, which he shared with Keynes, for a pragmatic Marshallian …
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The Fisher's equation has become a foundation stone of modern macroeconomic, monetary and financial theories. Here it is shown that despite the estabilished status of Fisher's equation, it stands on a rather shaky foundations. URL:[http://www.gipe.ac.in/pdfs/working%20papers/wp24.pdf].
Persistent link: https://www.econbiz.de/10009319324
consumption function and the demand for money, not to mention monetary history, which helped to undermine the post World War 2 … case for a money growth rule, and the expectations augmented Phillips curve are then taken up, followed by a discussion of … Phillips curve, is also assessed in the light of his own preference, which he shared with Keynes, for a pragmatic Marshallian …
Persistent link: https://www.econbiz.de/10010681093
the three-quarters of century, from the time of Keynes to the present day. The essays are originally based on lecture … contemporary debates.<b>Contents:</b> <ul> <li>Money, Debt and Credit in the Enterprise Economy</li> <li>The Recurring Debates in … Monetary Economics</li> <li>Variations on the Theme of the Quantity Theory of Money</li> <li>Wicksellian and Neo …
Persistent link: https://www.econbiz.de/10011115436
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The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high …
Persistent link: https://www.econbiz.de/10011108214
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Following German reunification in 1990, East Germany's centrally planned economy was abolished and replaced by West Germany's social market economy. Western Germany has since provided vast financial support to aid the transformation, and enable eastern Germany to catch-up with western Germany's...
Persistent link: https://www.econbiz.de/10014473913