Does the stock of monei have any causal significance?
Recent developments in macroeconomics, and economic policy in general, have produced a "new consensus" economy-wide model, in which the stock of money doesnot play any causal role. The stock of money operates a mere residual in the economic process. The absence of the stock of money in man...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Associazione Economia civile
2003-06-01
|
| Series: | PSL Quarterly Review |
| Subjects: | |
| Online Access: | http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9895/9777 |