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Mr. Keynes and the “Classics”; A Suggested Reinterpretation

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NBER2021-08-01 更新2025-01-04 收录
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This paper revisits and proposes a resolution to an empirical and theoretical controversy between Keynes and the classics (or monetarists). The controversy dates to Keyness General Theory (1936)most famously formalized in Hickss (1937) classic Econometrica article, in which the IS-LM model is first

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2021-08-01
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