Post Keynesian monetary economics

Stephen Rousseas

For the three decades that we have had monetary policy as we know it today, there have been two major schools of monetary thought - the neoclassical Keynesians and the monetarists. In this book Stephen Rousseas presents a critical overview of some of the central themes of Post Keynesian monetary economics. As Rousseas sees it, Post Keynesian monetary economics rejects the neoclassical and monetarist apporaches in large part by reversing the causal arrow of the quantity theory of money. The money supply is seen as a function of nominal income rather than the other way around; in other words, this is an endogenous theory of the money supply. Rousseas argues that the problem of financial innovations needs to be incorporated into the theory of an endogenous money supply - and he attempts to do this. Further, in a discussion of the policy implications of Post Keynesian monetary economics, he argues that an incomes policy by itself cannot be made to work without recourse to selective credit controls.

「Nielsen BookData」より

[目次]

  • Preface - Introduction - The Peculiarity of Money - The Demand for Money and the Rate of Interest - The Endogenous Money Supply - The Weintraub-Kaldor Models of Endogeneity - The Policy Implications of Post Keynesian Monetary Economics - Bibliography

「Nielsen BookData」より

この本の情報

書名 Post Keynesian monetary economics
著作者等 Rousseas, Stephen William
Rousseas Stephen
出版元 Macmillan;M.E.Sharpe
刊行年月 c1986
ページ数 x, 126 p.
大きさ 23cm
ISBN 0333427491
0873323556
0873323564
0333427483
NCID BA00602062
※クリックでCiNii Booksを表示
言語 英語
出版国 イギリス
この本を: 
このエントリーをはてなブックマークに追加

このページを印刷

外部サイトで検索

この本と繋がる本を検索

ウィキペディアから連想