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Comments on the Symposium on Interest and Prices

Woodford, Michael

The papers prepared for this symposium cover a great deal of ground. It is a pleasure to be able to respond to them, as this provides an opportunity to try to clarify some of the aims of my book (Woodford 2003) that may have been insufficiently clear in the original work. But I shall have to restrict my attention to only a few of the most important issues raised in the various papers. I shall consider three classes of issues in particular: the methodology adopted in the book, the role of “cashless” models, and the connection between my work and the Wicksellian tradition.

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Also Published In

Title
Journal of the History of Economic Thought
DOI
https://doi.org/10.1080/10427710600676488

More About This Work

Academic Units
Economics
Publisher
Cambridge University Press
Published Here
November 26, 2013