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Macroeconomic Policy and Asset Markets

Romar Correa
Economic and Political Weekly
Vol. 36, No. 4, Money, Banking & Finance (Jan. 27 - Feb. 2, 2001), pp. 347-349
Stable URL: http://www.jstor.org/stable/4410233
Page Count: 3
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Macroeconomic Policy and Asset Markets
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Abstract

Bank-based and stock market-based systems are compared from the viewpoint of macroeconomic policy. The author suggests that the former has desirable properties with reference to the objective of increasing output and employment.

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