Mention20804

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so:text I shall argue that Keynesian macroeconomics neither asserts nor requires nominal wage and/or price rigidity. It does assert and require that markets not be instantaneously and continuously cleared by prices. (en)
so:isPartOf https://en.wikiquote.org/wiki/James_Tobin
so:description Price Flexibility and Output Stability: An Old Keynesian View" (1993) (en)
so:description 1990s (en)
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qkg:Quotation19429 qkg:hasMention
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