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monetary economy critical to the generation of economic crises and the stagnation that follows them is its capacity to permit …
Persistent link: https://www.econbiz.de/10011708307
monetary economy critical to the generation of economic crises and the stagnation that follows them is its capacity to permit …
Persistent link: https://www.econbiz.de/10010291902
monetary economy critical to the generation of economic crises and the stagnation that follows them is its capacity to permit …
Persistent link: https://www.econbiz.de/10008534112
monetary economy critical to the generation of economic crises and the stagnation that follows them is its capacity to permit …
Persistent link: https://www.econbiz.de/10010720652
thought of as relying on this factor. -- Crises ; money ; monetary economy ; general equilibrium ; cycles ; sticky prices … monetary economy critical to the generation of economic crises and the stagnation that follows them is its capacity to permit … ; flexible prices ; false prices ; rate of interest ; forced saving ; Keynesian economics ; monetarism ; new Keynesian economics …
Persistent link: https://www.econbiz.de/10008655700
eventually adopted in the early 1970s. Instead, a Walrasian development of monetarism, namely new- classical macroeconomics …
Persistent link: https://www.econbiz.de/10005212379
monetary economy critical to the generation of economic crises and the stagnation that follows them is its capacity to permit …
Persistent link: https://www.econbiz.de/10013130277
General Theory of Employment, Interest and Money. Post-1936 economic history has given the multiplier theory mixed reviews …
Persistent link: https://www.econbiz.de/10013054153
Peter Howitt is best known for his contributions to growth theory, but his work in short- run economics, which began with his Ph.D thesis and still continues, is important and deserves attention. It lies firmly in the Keynesian macro-disequilibrium tradition of Clower and Leijonhufvud, and for a...
Persistent link: https://www.econbiz.de/10013371005
Since the publication of The General Theory, pre-Keynesian economics has been labelled “classical,” but what that classical economics actually consisted of is now virtually an unknown. There is, instead, a straw-man caricature most economists absorb through a form of academic osmosis but...
Persistent link: https://www.econbiz.de/10012980959