The Monetary-Fiscal Policy Debate and the Andersen-Jordan Equation
نویسنده
چکیده
La S ERHAPS Andy’s most impor-tant and lasting contribution to the economics pnofession was his r-eseam-ch with Jerry Jom-dan that mesulted in the publication of the Andersen-Jordan (A-Jl equation on’, as it is more widely known, the St. Louis equation. Almost immediately, the two found theirwor’k the subject of intense c-r-iticismn and contr’over-sy — mmmcli of which continues, though in tones that am-c significantly muted.’
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