A Successful Publicationin the Field of MacroeconomocAnalysis and Forecasting
In: Politická ekonomie: teorie, modelování, aplikace, Band 63, Heft 7, S. 909-912
ISSN: 2336-8225
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In: Politická ekonomie: teorie, modelování, aplikace, Band 63, Heft 7, S. 909-912
ISSN: 2336-8225
N/A
In: Politická ekonomie: teorie, modelování, aplikace, Band 59, Heft 5, S. 680-705
ISSN: 2336-8225
N/A
In: Politická ekonomie: teorie, modelování, aplikace, Band 59, Heft 5
ISSN: 0032-3233
The article deals with monetary disequilibrium in the theory of endogenous money. In new consensus economics, monetary disequilibrium is not considered whereas money is endogenous and passive. In post-Keynesian economics, there is an explicit discussion about reconciliation of money demand and supply. Based on careful distinction between money and credit markets, it is argued that monetary disequilibrium can occur even when money is endogenous and therefore money is endogenous and active. This is because of insufficiency of reflux mechanism. The article suggests ways in which new consensus should be supplemented to incorporate this issue. This is also important for monetary policy otherwise a part of transmission mechanism is left out. Adapted from the source document.
In: Politická ekonomie: teorie, modelování, aplikace, Band 59, Heft 5, S. 680-705
ISSN: 0032-3233
In: Politická ekonomie: teorie, modelování, aplikace, Band 58, Heft 1, S. 92-104
ISSN: 2336-8225
N/A
In: Politická ekonomie: teorie, modelování, aplikace, Band 58, Heft 1, S. 92-104
ISSN: 0032-3233
In: Politická ekonomie: teorie, modelování, aplikace, Band 57, Heft 4, S. 561-566
ISSN: 0032-3233