Monetary Policy in the Post Keynesian Theoretical Framework

Detalhes bibliográficos
Autor(a) principal: TERRA,FÁBIO HENRIQUE BITTES
Data de Publicação: 2017
Outros Autores: ARESTIS,PHILIP
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista de Economia Política
Texto Completo: http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572017000100045
Resumo: ABSTRACT The purpose of this contribution is to develop a Post Keynesian monetary policy model, presenting its goals, tools, and channels. The original contribution this paper develops, following (Keynes’s 1936, 1945) proposals, is the use of debt management as an instrument of monetary policy, along with the interest rate and regulation. Moreover, this paper draws its monetary policy model by broadly and strongly relying on Keynes’s original writings. A monetary policy model erected upon this basis relates itself directly to the Post Keynesian efforts to offer a monetary policy framework substantially different from the Inflation Targeting Regime of the New Macroeconomic Consensus.
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spelling Monetary Policy in the Post Keynesian Theoretical FrameworkKeynesian TheoryMonetary PolicyEconomic PolicyInterest RateDebt Management.ABSTRACT The purpose of this contribution is to develop a Post Keynesian monetary policy model, presenting its goals, tools, and channels. The original contribution this paper develops, following (Keynes’s 1936, 1945) proposals, is the use of debt management as an instrument of monetary policy, along with the interest rate and regulation. Moreover, this paper draws its monetary policy model by broadly and strongly relying on Keynes’s original writings. A monetary policy model erected upon this basis relates itself directly to the Post Keynesian efforts to offer a monetary policy framework substantially different from the Inflation Targeting Regime of the New Macroeconomic Consensus.Centro de Economia Política2017-03-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersiontext/htmlhttp://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572017000100045Brazilian Journal of Political Economy v.37 n.1 2017reponame:Revista de Economia Políticainstname:EDITORA 34instacron:EDITORA_3410.1590/0101-31572016v37n01a03info:eu-repo/semantics/openAccessTERRA,FÁBIO HENRIQUE BITTESARESTIS,PHILIPeng2017-03-07T00:00:00Zoai:scielo:S0101-31572017000100045Revistahttps://centrodeeconomiapolitica.org.br/repojs/index.php/journalONGhttps://centrodeeconomiapolitica.org.br/repojs/index.php/journal/oai||cecilia.heise@bjpe.org.br1809-45380101-3157opendoar:2017-03-07T00:00Revista de Economia Política - EDITORA 34false
dc.title.none.fl_str_mv Monetary Policy in the Post Keynesian Theoretical Framework
title Monetary Policy in the Post Keynesian Theoretical Framework
spellingShingle Monetary Policy in the Post Keynesian Theoretical Framework
TERRA,FÁBIO HENRIQUE BITTES
Keynesian Theory
Monetary Policy
Economic Policy
Interest Rate
Debt Management.
title_short Monetary Policy in the Post Keynesian Theoretical Framework
title_full Monetary Policy in the Post Keynesian Theoretical Framework
title_fullStr Monetary Policy in the Post Keynesian Theoretical Framework
title_full_unstemmed Monetary Policy in the Post Keynesian Theoretical Framework
title_sort Monetary Policy in the Post Keynesian Theoretical Framework
author TERRA,FÁBIO HENRIQUE BITTES
author_facet TERRA,FÁBIO HENRIQUE BITTES
ARESTIS,PHILIP
author_role author
author2 ARESTIS,PHILIP
author2_role author
dc.contributor.author.fl_str_mv TERRA,FÁBIO HENRIQUE BITTES
ARESTIS,PHILIP
dc.subject.por.fl_str_mv Keynesian Theory
Monetary Policy
Economic Policy
Interest Rate
Debt Management.
topic Keynesian Theory
Monetary Policy
Economic Policy
Interest Rate
Debt Management.
description ABSTRACT The purpose of this contribution is to develop a Post Keynesian monetary policy model, presenting its goals, tools, and channels. The original contribution this paper develops, following (Keynes’s 1936, 1945) proposals, is the use of debt management as an instrument of monetary policy, along with the interest rate and regulation. Moreover, this paper draws its monetary policy model by broadly and strongly relying on Keynes’s original writings. A monetary policy model erected upon this basis relates itself directly to the Post Keynesian efforts to offer a monetary policy framework substantially different from the Inflation Targeting Regime of the New Macroeconomic Consensus.
publishDate 2017
dc.date.none.fl_str_mv 2017-03-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572017000100045
url http://old.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572017000100045
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 10.1590/0101-31572016v37n01a03
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv text/html
dc.publisher.none.fl_str_mv Centro de Economia Política
publisher.none.fl_str_mv Centro de Economia Política
dc.source.none.fl_str_mv Brazilian Journal of Political Economy v.37 n.1 2017
reponame:Revista de Economia Política
instname:EDITORA 34
instacron:EDITORA_34
instname_str EDITORA 34
instacron_str EDITORA_34
institution EDITORA_34
reponame_str Revista de Economia Política
collection Revista de Economia Política
repository.name.fl_str_mv Revista de Economia Política - EDITORA 34
repository.mail.fl_str_mv ||cecilia.heise@bjpe.org.br
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