Arslan Razmi has released a working paper “MMT and Policy Assignment in an Open Economy Context: Simplicity is Useful, Oversimplifcation Not So Much.” It is a 27 page paper running through stability analysis of post-Keynesian models that allegedly tell us something about Modern Monetary Theory (MMT).
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Arslan Razmi has released a working paper “MMT and Policy Assignment in an Open Economy Context: Simplicity is Useful, Oversimplifcation Not So Much.” It is a 27 page paper running through stability analysis of post-Keynesian models that allegedly tell us something about Modern Monetary Theory (MMT).