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.
Table of 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
