Letter: Robert J. Barro's "Voodoo Multipliers" Misunderstands Keynes
A Reader's Reaction to:
Demand Side Voodoo Economics by Robert J. Barro.
Summary
According to Greg Hill, Robert J. Barro thinks an effective stimulus plan must assume "sticky wages and prices" when, in fact, it need only assume the absence of comprehensive futures markets.Recommended Citation
Hill, Greg
(2009)
"Letter: Robert J. Barro's "Voodoo Multipliers" Misunderstands Keynes,"
The Economists' Voice:
Vol. 6
:
Iss.
4, Article 1.
DOI: 10.2202/1553-3832.1545
Available at: http://www.bepress.com/ev/vol6/iss4/art1
Readers' Reactions
Robert J. Barro, Letter: Notes on Keynes and a Reply to Greg Hill (February 2009)
