Aruoba, S. Boragan; Waller, Christopher J.; Wright, Randall - Federal Reserve Bank of St. Louis - 2009
-form literature. The analysis reduces the previously large gap between mainstream macro and monetary theory. … reduces the gap between
monetary theory and mainstream macro .
∗
We thank David Andolfatto, Paul Beaudry, Gabriele Camera … rigorous monetary theory with the rest of macroeconomics.” And as
Kiyotaki and Moore (2001) put it, “The matching models are …