The Missing Motivations in Macroeconomics: Difference between revisions
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==The Five Neutrality Results== | ==The Five Neutrality Results== | ||
[[Dependence of Consumption on Wealth, not Income]] | * [[Dependence of Consumption on Wealth, not Income]] | ||
[[The Modigliani-Miller Theorem]] | * [[The Modigliani-Miller Theorem]] | ||
[[Natural Rate Theory]] | * [[Natural Rate Theory]] | ||
[[Rational Expectations]] | * [[Rational Expectations]] | ||
[[Ricardian Equivalence]] | * [[Ricardian Equivalence]] |
Revision as of 20:40, 19 April 2007
Introduction
The Five Neutrality Results
* Dependence of Consumption on Wealth, not Income
* The Modigliani-Miller Theorem
* Natural Rate Theory
* Rational Expectations
* Ricardian Equivalence