Asset Markets, Portfolio Choice and Macroeconomic Activity A Keynesian Perspective
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.
Keywords
Business & EconomicsEconomicsMacroeconomicsMoney & Monetary PolicyEconometricsPolitical SciencePolitical EconomyFinanceTheoryPublic PolicyEconomic Policy