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Comment on Leamer: Do Nominal Shocks Still Matter?

Scott Sumner

The Economists' Voice, 2012, vol. 9, issue 1, 1-4

Abstract: Ed Leamer's recent column in this journal is illustrative of a puzzling trend in macroeconomics — the seeming denial of the long-held Keynesian and monetarist view that nominal shocks have real effects.

Date: 2012
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DOI: 10.1515/1553-3832.1850

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