This post is based on parts of chapter 7 of our book that have already been published here. All comments…
The idea that the economy can be fluctuating even if markets are at equilibrium was built into early macro-dynamic models.…
The Great Depression led to a profound renewal of how problems of governmental fiscal policy were tackled. With reference to…
This post is based on parts of a working paper accessible here. All comments are welcomed. In a recent issue…
This post is based on some parts (mainly part I.2) of a working paper accessible here. All comments are welcomed.…