Asset Accumulation And Economic Activity: Reflections On Contemporary Macroeconomic Theory
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Originally published | 1980 |
Authors | James Tobin |
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ID | 2462744 |
About Asset Accumulation And Economic Activity: Reflections On Contemporary Macroeconomic Theory
In this work James Tobin discusses two major issues of macroeconomics: the strength of automatic market forces in maintaining full employment equilibrium and the efficacy of government fiscal and monetary policies in stabilizing the economy.