Index

Ackley, Gardner, 9
   liquidity trap concept, 111, 113
   Microeconomics, 18, 313–15
Aftalion, Albert, 35
Aggregate demand, 276, 289–90
   shocks, 242
Allais, Maurice, 25, 176
   Allais-Baumol-Tobin square root rule, 166
Alternatives to IS-LM-BP, early, 136–38
American Economic Review, 152
American Keynesianism, creation of, 167–70
Anderson, R. G., 297
"Architectonic paradigm," 133–35
Arrow, Kenneth, 2
   Arrow-Debreu model, 22–23, 58, 59, 65n.11
   Marshall-Walras divide, 82
"Aspects of a Monetary Theory of Currency Depreciation" (Dornbusch), 152
Assets
   recognition of distinct assets, 284–98
   reserve asset, money as, 292
Australian model of capital imports, 137
Austrians, economics, 29
   intertemporal coordination failures, 45–46

Backhouse, Roger E., 2, 25–56, 262
Bailey, Martin, 15, 23
   National Income and the Price Level, 16, 282
   nominal interest rate, on, 17
Banking, 34
Bank of England, 42, 251
Barro, Robert, 7, 61, 311n. 9
   debt neutrality, 171
"Bastard Keynesianism," 5
Baumol, William J., 176
   Allais-Baumol-Tobin square root rule, 166
Becker, Gary, 13
Berkeley, University of California at, 13–14
Blanchard, Olivier, 58, 75, 84, 265
   inflation, 262
   liquidity trap concept, 113
Blinder, A., 62, 77
Boianovsky, Mauro, 51, 92–126
Bonds, long-term bond rate, 289
Borch, Karl, 175
Bordo, Michael, 6, 17, 285n. 19
Brady, Dorothy Stahl, 171
Brainard, William, 175
Branson, W., 155–56
Bretton Woods, 260–62
Brookings model, 21, 179
Brookings Papers, 158
Brunner, Karl, 6, 244n. 5, 272
   aggregate demand, 289–90
   financial markets, IS-LM's presentation of, 285
   interest rate, 278
   long-term real rate, 289
   monetary policy, 286, 297
   money supply theories, 178
   reserve asset, money as, 292
   temporal abode function, 291
   transmission mechanism, 287n. 22
"Bubble economy," Japan, 52
"Budgetary expansion," 149
"Budgetary policy," 148
Burmeister, Ed, 20
Business cycle theory, 25, 30 n.7, 37
   Marshall-Walras divide, 81–83
Byrd, Bob, 12

Cain, Glen, 19
Cambridge theory, 27
Canadian Journal of Economics, 133, 139, 143–51
Capital mobility, 138–139
Capital stock, treatment as fixed, 279–84
Capital theory, 38
Carnegie-Mellon University, 20–24
Chambers's Encyclopedia, 103–4
Chase, S. B., 292
Chicago, University of, 14–19
Christ, Carl, 14–15
Cipolla, Carl, 14
Clarida, Richard, 306
Clark, John Maurice, 167
"Classical economics," 29
   Marshall-Walras divide, 80–83
Clower, Robert, 40, 64, 78
Coddington, Alan, 5
Colander, David, 9, 305–22
Commission on Money and Credit, 18
Communist Manifesto, 13
"Compensated dollar" scheme, 42, 248
Corden, M.
   Swan-Salter-Corden diagram, 137
   Swan-Salter-Meade-Corden framework, 136–38, 159
"Correspondence Principle" method, 131
Cost-effectiveness, defined, 245
Council of Economic Advisors, 19
Cowles Commission, 174–75
"Credit deadlock," 51, 104
Credit, instability, 45
Currie, Lauchlin, 255n. 16

Darity, William Jr., 5–6, 44, 127–64
Debreu, Gérard, 2, 82
Depression economics, 92, 240. See also Great Depression
De Vroey, Michael, 1–11, 2–3, 57–91, 192
Dimand, Robert, 6, 165–89
Dornbusch, R.
   "Aspects of a Monetary Theory of Currency Depreciation," 152
   "Exchange Rate Economics: Where Do We Stand?" 158
   "Exchange Rate Expectations and Monetary Policy," 157
   "Exchange Rates and Fiscal Policy in a Popular Model of International Trade," 152
   "Exchange Rates and Stabilization Rules," 152
   "Expectations and Exchange Rate Dynamics," 158
   "Flexible Exchange Rates in the Short Run," 158
   "Mundell-Fleming" synthesis and, 152, 158–60
   Niehans-Dornbusch nexus, 157–58
   "Notes on the Growth and the Balance of Payments," 152
  Open Economy Macroeconomics, 138, 154, 158–59
   "Real and Monetary Aspects of the Effects of Exchange Rate Changes," 152
   thesis committee, 152
Dow, J. C. R., 293–94
Duesenberry, James, 171
Dupor, B., 281–82
Dynamics, loss and rediscovery of, 32–37

Econometrica, 129, 130
"Econometric Policy Evaluation: A Critique" (Lucas), 8
Econometric Society (Oxford), 3
"The Economic Consequences of Mr. Churchill" (Keynes), 42
Economics (Samuelson), 75
Effectiveness, defined, 245
"The Effects of Fiscal and Monetary Policies under Flexible and Fixed Exchange Rates" (Takayama), 154
Elements of Pure Economics (Walras), 58, 60–61, 64, 82
"Endogenous money," 176
"Exchange Rate Economics: Where...