Journal of Indian School of Political Economy

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Response to Ashima Goyal


     

   Subscribe/Renew Journal


Ashima Goyal (AG for short) has raised a number of critical issues in reference tomy paper. Of these, I have focused on the following which I believe to be of special relevance.

AG: First, while new classical macroeconomics, with its belief in perfect market clearing, could certainly be said to have subscribed tothe efficient markets hypothesis (EMH), the neo-Keynesian view emphasised imperfections in markets, including financial markets (p.403).
User
Subscription Login to verify subscription
Notifications
Font Size

Abstract Views: 235

PDF Views: 1




  • Response to Ashima Goyal

Abstract Views: 235  |  PDF Views: 1

Authors

Abstract


Ashima Goyal (AG for short) has raised a number of critical issues in reference tomy paper. Of these, I have focused on the following which I believe to be of special relevance.

AG: First, while new classical macroeconomics, with its belief in perfect market clearing, could certainly be said to have subscribed tothe efficient markets hypothesis (EMH), the neo-Keynesian view emphasised imperfections in markets, including financial markets (p.403).