Pitfalls in Financial Model Building: Comment.

Scholar Mark Ladenson's recent elaboration of the point made by economists William Brainard and James Tobin, that security demand functions must be consistent with the balance sheet constraint, overcomplicates a simple issue. Furthermore, the two contributions by Ladenson and by Brainard and Tobin,...

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Bibliographic Details

Published in:	American Economic Review Vol. 63; no. 5; pp. 1003 - 1005
Main Author:	Clinton, Kevin
Format:	Article
Published:	American Economic Association Dec73
Subjects:	Economic statistics Econometric models Demand function Economic models Tobin, James, 1918-2002 Lorenz curve Economists Phillips curve
Online Access:	View this record in EBSCOhost