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The end of alchemy: money, banking, and the future of the global economy

Mervyn King

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Notes

  1. For other views about DSGE models and the research efforts to improve their usefulness for policymaking and forecasting, see the recent VoxEU electronic book edited by Gurkaynak and Tille (2017).

  2. See Bill Poole’s review of Sebastian Mallaby’s biography of Alan Greenspan in the January 2017 issue of Business Economics.

References

  • Gurkaynak, Refet, and Cedric Tille. 2017. DSGE Models in the Conduct of Policy: Use as Intended. Centre for Economic Policy Research.

  • Kindleberger, Charles P., and Robert Aliber. 2005. Manias, Panics, and Crashes: A History of Financial Crises, 5th ed. Hoboken: Wiley.

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  • Reinhart, Carmen M., and Kenneth S. Rogoff. 2009. This Time is Different: Eight Centuries of Financial Folly. Princeton: Princeton University Press.

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Authors and Affiliations

  1. Business Economist and Research Officer, Federal Reserve Bank of St. Louis, St. Louis, MO, USA

    Kevin L. Kliesen

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  1. Kevin L. Kliesen
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Correspondence to Kevin L. Kliesen.

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Kliesen, K.L. The end of alchemy: money, banking, and the future of the global economy. Bus Econ 52, 181–183 (2017). https://doi.org/10.1057/s11369-017-0036-2

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  • DOI: https://doi.org/10.1057/s11369-017-0036-2

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