Modeling Money and Credit: The New Monetarist View

In this paper, we survey recent theoretical work on money and credit following the New Monetarist approach. We argue that a coherent macroeconomic model should show that both these institutions are essential, in the sense that they help achieve allocations that could not be attained without them. As...

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Veröffentlicht in:	The Manchester school 2019-09, Vol.87 (S1), p.29-44
1. Verfasser:	Mattesini, Fabrizio
Format:	Artikel
Sprache:	eng
Schlagworte:	Alliances Credit Economic models Macroeconomics Money
Online-Zugang:	Volltext
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