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The problem of inflation and
Inflation theory and the monetarist
The monetarist approach to stabilization
adjustment aggregate demand assets assumed assumption balance of payments behaviour capital central bank closed economy competition costs of inflation countries demand for money determined devaluation domestic credit dynamics economic growth economic policy economic theory economists effects empirical equation exchange rate exogenous explanation exports fact fiscal fixed exchange rate full employment implications important incomes policy inflation inflationary influence intellectual international economic international reserves investment James Tobin Journal of Political Keynes Keynes's Keynesian economics Keynesian model Keynesian revolution Keynesian theory lecture long-run ment Milton Friedman mone monetarist monetarist approach monetary analysis monetary impulses monetary model monetary policy monetary theory money prices money supply Netherlands Nicholas Kaldor nomic open economy period Phillips curve policy-making postwar price level price stability produce quantity theory real balances recent relative price relevant short-run tary theoretical theorists theory of money tion tional tradition trend wage and price