Results 81 to 90 of about 9,313 (218)
This paper was prepared for the Home Jones Lecture, Federal Reserve Bank of St. Louis, March 28, 2001. The author addresses the influence of monetarism and the role of money in making monetary policy.
Laurence H. Meyer
core
In questo lavoro l' autore sostiene che le distinzione ancora frequente e semplicistica tra keynesiani e monetaristi che costituisce gran parte del popolare dibattito economico britannico è diventata gravemente fuorviante .
D. COBHAM
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Vector autoregression evidence on monetarism: another look at the robustness debate [PDF]
This paper is a case study of the use of vector autoregression (VAR) models to test economic theories. It focuses on the work of Christopher A. Sims, who in 1980 found that relationships in economic data generated by a small VAR model were inconsistent ...
Richard M. Todd
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The Initial Controversy - Introduction [PDF]
During the middle third of the twentieth century, the ideas of John Maynard Keynes and those who described themselves as “Keynesians” acquired a profound influence over both the economics profession and the macroeconomic policy process.
Leeson, Robert
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Financial Stability, Monetarism and the Wicksell Connection [PDF]
In today's discussions of central banking, maintaining macro-financial stability has only recently appeared along-side the pursuit of low inflation as an important policy goal.
David Laidler
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The central bank issuing policy and Fisher´s equation of exchange [PDF]
The issue of money and establishing interest rates are the main activities of central banks. Through this, the banks immediately influence the behaviour of households, companies, financial markets and the state with the impact on real outcome, employment
Richard Pospíšil
doaj
Convergence, divergence and realignment in British macroeconomics
In this paper the author argues that the still frequent and simplistic distinction between Keynesians and monetarists that makes up a large part of the British popular economic debate has become seriously misleading.
D. COBHAM
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The History of Macroeconomics Viewed Against the Background of the Marshall-Walras Divide [PDF]
Analysing the recent history of macroeconomics, my paper claims that the new classical revolution should be viewed as a substitution of Walrasian macroeconomics to the earlier prevailing Marshalian macroeconomics. The first part of the paper is concerned
Michel, DE VROEY
core
Friedman and the Walrasian Equations of The Natural-Rate Counter-Revolution [PDF]
From the 1930s, economic controversy has been a tale of three cities (Chicago and the two Cambridges) and three General Theories. In the 1930s, there were, in addition to the General Theory of Employment (Keynesian Macroeconomics), two other ...
Leeson, Robert
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Value Change, Value Conflict, and Policy Innovation: Understanding the Opposition to the Market-Based Economic Dispatch of Electricity Scheme in India Using the Multiple Streams Framework. [PDF]
Goyal N, Iychettira K.
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