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Wednesday, May 04, 2011

"No Credible Macroeconomist is a 'Monetarist' Anymore"

Matt Rognlie asks "Is MV=PY useful?" and answers:

No.

See here for why.

    Posted by on Wednesday, May 4, 2011 at 10:26 AM in Economics, Macroeconomics, Methodology | Permalink  Comments (31)


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