A new explanation for free bank failures

Arthur J. Rolnick and Warren Weber

No 79, Staff Report from Federal Reserve Bank of Minneapolis

Abstract: This paper surveys recent issues in macroeconomics from the viewpoint of dynamic economic theory. The need to look beyond demand and supply curves and the insights that come from doing so are emphasized. Examples of issues in debt management and fiscal policy are analyzed.

Date: 1982
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Published in Journal of Monetary Economics (Vol. 14, n.3, November 1984, pp. 267-291)

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