Economics, Econometrics and Finance
4 years ago

New study reveals key link between prices, money, and economic policy

SSRN Electronic Journal
Microfoundations and Macroeconomics: 20 Years
Nicolás Cachanosky

Paper Summary

The paper discusses Horwitz's work on Microfoundations and Macroeconomics from an Austrian perspective. It looks at how relative prices, monetary equilibrium, and monetary policy are connected. The paper highlights Horwitz's capital theory as a crucial part of economic theory.

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