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25 May 2013: economics economics economics economics. Geoff Tily, May 2013. Greta deal of sympathy with the conclusion, the spirit and approach of. ... important” and “characteristic” contributions to monetary economics;. the fourth was:. (4) The enunciation of

3 Jun 2013: point of view of the theory of the monetary circuit”, in Modeley F. ... Patinkin, D. (1990). On. different interpretations of the General Theory, “Journal of Monetary Economics”, 26, pp.

24 Oct 2013: importance. The Cambridge school’s legacy in monetary economics is recognised as an. ... and monetary illusion:. “Money is an instrument of exchange and as such is studied by economics.

20 Oct 2010: mainstream economics to have reduced all long-term questions to matters of the. ... Keynesian economics, its importance arises from the physical character of a monetary.

26 Apr 2013: Workers’ consumption is equal to:. cwNC = [2.2] Investment expenditure in monetary terms is:. ... was very important for Keynes, namely that the monetary economy normally produces unemployment”.

31 Jul 2012: and models, as well as influential advanced textbooks in macroeconomics and monetary economics, did not feature money (e.g. ... A new paradigm must rise to the challenge of explaining at least the seven central empirical puzzles in macro- and monetary

19 Nov 2013: 75–122. Godley, Wynne and Marc Lavoie, Monetary Economics An Integrated Approach to Credit, Money, Income,Production and Wealth, Palgrave-Macmillan, 2006. ... Kinsella, Stephen, “Is Ireland really the role model for austerity?,” Cambridge Journal

12 Oct 2013: to accept growing foreign indebtedness, the more they feel that the monetary union. ... De Grauwe, Paul (2007), Economics of Monetary Union, 7th. ed. Oxford: Oxford University Press.

13 Nov 2012: fall further no room for further monetary (interest) policy, but economy still below Yf. ... The idea that prices are crucial and determine market outcomes is pervasive in economics. •

1 May 2014: exogenously determined by the monetary authorities and is the same for both the. ... Fiscal rules in monetary unions. Journal of Post Keynesian. Economics 36 (1), 85-104.