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The ‘Farmerian’ Approach to Ending a Finance-Induced Recession: Notes on Stability and Dynamics

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  • MARCO GUERRAZZI

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  • Marco Guerrazzi, 2012. "The ‘Farmerian’ Approach to Ending a Finance-Induced Recession: Notes on Stability and Dynamics," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 41(1-2), pages 81-99, February.
    • Handle: RePEc:bla:ecnote:v:41:y:2012:i:1-2:p:81-99
    DOI: j.1468-0300.2012.00240.x
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    References listed on IDEAS

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    1. Paolo Gelain & Marco Guerrazzi, 2010. "A DSGE Model from the Old Keynesian Economics: An Empirical Investigation," CDMA Working Paper Series 201014, Centre for Dynamic Macroeconomic Analysis.
    2. Diamond, Peter A, 1982. "Aggregate Demand Management in Search Equilibrium," Journal of Political Economy, University of Chicago Press, vol. 90(5), pages 881-894, October.
    3. Chang, Winston W & Smyth, David J, 1972. "Stability and Instability of IS-LM Equilibrium," Oxford Economic Papers, Oxford University Press, vol. 24(3), pages 372-384, November.
    4. Marco Guerrazzi, 2011. "Search And Stochastic Dynamics In The Old Keynesian Economics: A Rationale For The Shimer Puzzle," Metroeconomica, Wiley Blackwell, vol. 62(4), pages 561-586, November.
    5. Varian, Hal R, 1977. " The Stability of a Disequilibrium IS-LM Model," Scandinavian Journal of Economics, Wiley Blackwell, vol. 79(2), pages 260-270.
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    Cited by:

    1. Farmer, Roger E.A., 2016. "The Evolution Of Endogenous Business Cycles," Macroeconomic Dynamics, Cambridge University Press, vol. 20(2), pages 544-557, March.
    2. Roger E A Farmer, 2020. "The importance of beliefs in shaping macroeconomic outcomes," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 36(3), pages 675-711.
    3. Roger E.A. Farmer, 2019. "The Indeterminacy School in Macroeconomics," NBER Working Papers 25879, National Bureau of Economic Research, Inc.
    4. Marco Guerrazzi & Paolo Gelain, 2015. "A demand-driven search model with self-fulfilling expectations: the new 'Farmerian' framework under scrutiny," International Review of Applied Economics, Taylor & Francis Journals, vol. 29(1), pages 81-104, January.

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