Macroeconomic theory and monetary policy: the contributions of Franco Modigliani and the ongoing debate
The paper reviews some of the most important results of the LCH for understanding individual and aggregate saving behaviour. It then turns to the implications for fiscalpolicy and social security, highlighting Modigliani's seminal contributions. Over time competing theories have emerged, and so...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2005-01-01
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| Series: | PSL Quarterly Review |
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| Online Access: | http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9854/9736 |