The Debate Over Stabilization Policy

by Franco Modigliani

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This 1986 book examines some of the main issues that have characterized macroeconomics: the debate between 'monetarists' and 'Keynesians'; the response to demand shocks and supply shocks, by which the monetary authorities control aggregrate nominal income and the use and relevance of the money supply as a target; and the consumption function and the determinants of wealth. It shows that Keynesian stabilization policies succeeded in reducing instability...

Format:Paperback

Language:English

ISBN:0521189705

ISBN13:9780521189705

Release Date:March 2011

Publisher:Cambridge University Press

Length:292 Pages

Weight:0.91 lbs.

Dimensions:0.6" x 6.1" x 9.2"

Related Subjects

Business Business & Investing Development & Growth Economics Education & Reference Macroeconomics Political Science Politics & Government Politics & Social Sciences Popular Economics

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The Debate Over Stabilization Policy

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