{"title":"Comment on Leamer: Do Nominal Shocks Still Matter?","authors":"Scott Sumner","doi":"10.1515/1553-3832.1850","DOIUrl":null,"url":null,"abstract":"Abstract Ed Leamer's recent column in this journal is illustrative of a puzzling trend in macroeconomics — the seeming denial of the long-held Keynesian and monetarist view that nominal shocks have real effects.","PeriodicalId":42390,"journal":{"name":"Economists Voice","volume":"9 1","pages":""},"PeriodicalIF":0.4000,"publicationDate":"2012-07-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1515/1553-3832.1850","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economists Voice","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1515/1553-3832.1850","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ECONOMICS","Score":null,"Total":0}
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Abstract
Abstract Ed Leamer's recent column in this journal is illustrative of a puzzling trend in macroeconomics — the seeming denial of the long-held Keynesian and monetarist view that nominal shocks have real effects.
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This journal is a non-partisan forum for economists to present innovative policy ideas or engaging commentary on the issues of the day. Readers include professional economists, lawyers, policy analysts, policymakers, and students of economics. Articles are short, 600-2000 words, and are intended to contain deeper analysis than is found on the Op-Ed page of the Wall Street Journal or New York Times, but to be of comparable general interest. We welcome submitted Columns from any professional economist. Letters to the editor are encouraged and may comment on any Column or Letter. Letters must be less than 300 words.
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