Asset Markets, Portfolio Choice and Macroeconomic Activity: A Keynesian Perspective

Asset Markets, Portfolio Choice and Macroeconomic Activity: A Keynesian Perspective

Author
Toichiro Asada, Peter Flaschel, Tarik Mouakil, Christian Proaño (auth.)
Publisher
Palgrave Macmillan UK
Language
English
Edition
1
Year
2011
Page
XII, 230
ISBN
978-1-349-33133-8,978-0-230-30777-3
File Type
pdf
File Size
1.6 MiB

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.

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