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Letter: Robert J. Barro's "Voodoo Multipliers" Misunderstands Keynes

Hill Greg
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Hill Greg: City of Seattle’s Department of Finance

The Economists' Voice, 2009, vol. 6, issue 4, 2

Abstract: According to Greg Hill, Robert J. Barro thinks an effective stimulus plan must assume "sticky wages and prices" when, in fact, it need only assume the absence of comprehensive futures markets.

Date: 2009
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DOI: 10.2202/1553-3832.1545

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