Nelson, Edward; Schwartz, Anna J. - Federal Reserve Bank of St. Louis - 2008
1990s.
Key Words: monetarism, New Keynesian economics, inflation, price controls, Great Depression.
JEL Classification … monetarism.
2.1 Keynesian economics and inflation
And if price-levels are determined by money-costs, it follows that whilst … the predominant views associated with successive versions of Keynesian economics.
The successive Keynesian positions …