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基本説明
This book extends the KMG framework (Keynes, Maltzer, Goodwin) and focuses on financial issues.
Full Description
This book extends the KMG framework (Keynes, Meltzer, Goodwin) and focuses on financial issues. It integrates Tobin's macroeconomic portfolio approach and emphasizes the issue of stock-flow consistency.
Contents
General Introduction Advances in AS-AD Model Building: Real Disequilibria and Portfolio Choices Tobinian Stock-Flow Interactions in the KMG Framework Analysis and Policy Implications of the KMG-Tobin Model Introducing Tobinian Stock-Flow Interactions into the Mundell-Fleming Model Two Extensions of the Mundell-Fleming-Tobin Model Fiscal and Monetary Policy, Stocks, and the Term Structure of Interest Rates
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