Asset Markets, Portfolio Choice and Macroeconomic Activity
A Keynesian Perspective| By: | T. Asada; P. Flaschel; Tarik Mouakil; Christian Proaño |
| Publisher: | Springer Nature |
| Print ISBN: | 9780230290174 |
| eText ISBN: | 9780230307773 |
| Edition: | 0 |
| Copyright: | 2011 |
| Format: | Page Fidelity |
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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.