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Asset Markets, Portfolio Choice and Macroeconomic Activity: A Keynesian Perspective

Asset Markets, Portfolio Choice and Macroeconomic Activity: A Keynesian Perspective

T. AsadaP. FlaschelTarik MouakilChristian Proaño

2011

Genres: Business

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.

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