MONEY, LIQUIDITY AND FORCED SAVING IN CLASSICAL ECONOMICS

Detalhes bibliográficos
Autor(a) principal: Meyrelles Filho, Sérgio Fornazier
Data de Publicação: 2011
Outros Autores: Arthmar, Rogério
Tipo de documento: Artigo
Idioma: por
Título da fonte: Análise Econômica (Online)
Texto Completo: https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/13283
Resumo: This paper examines the classical theory of money under a regime of convertible currency. It begins with a review of the classical model of the optimum monetary supply, stressing the idea of neutral money and also the markets’ adjustment process to variations in the provision of precious metals in both the short and the long run. After that, a brief incursion into the monetary debates of nineteenth century England is conducted, making explicit the main divergent points among the contentious parties over the gold-standard functionality. In the end, the most important channels of violations of the classical postulate of neutral money are analyzed, specially the liquidity motive and the forced savings doctrine.
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spelling MONEY, LIQUIDITY AND FORCED SAVING IN CLASSICAL ECONOMICSMOEDA, LIQUIDEZ E POUPANÇA FORÇADA NA ECONOMIA CLÁSSICAMoneyLiquidityForced savingB12B15B30MoedaLiquidezPoupança forçadaClassificação JELB12B15B30.This paper examines the classical theory of money under a regime of convertible currency. It begins with a review of the classical model of the optimum monetary supply, stressing the idea of neutral money and also the markets’ adjustment process to variations in the provision of precious metals in both the short and the long run. After that, a brief incursion into the monetary debates of nineteenth century England is conducted, making explicit the main divergent points among the contentious parties over the gold-standard functionality. In the end, the most important channels of violations of the classical postulate of neutral money are analyzed, specially the liquidity motive and the forced savings doctrine.O artigo examina a concepção clássica sobre a moeda no contexto de conversibilidade do meio circulante. Para isso, inicia com uma revisão do modelo básico de determinação da oferta monetária ótima para os economistas clássicos, ressaltando a idéia de neutralidade da moeda e o processo de ajustamento dos mercados às variações no suprimento de metais preciosos, no curto e no longo prazo. A seguir, é realizada breve incursão nos debates monetários do século dezenove na Inglaterra, explicitando os principais pontos de divergência entre as correntes de pensamento em confronto no que respeita à funcionalidade do padrão-ouro. Nos itens finais, são analisadas as diferentes instâncias de violação do princípio clássico de moeda neutra, particularmente a demanda por liquidez e a doutrina da poupança forçada.UFRGS2011-12-22info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/1328310.22456/2176-5456.13283Análise Econômica; Vol. 29 No. 56 (2011): setembro de 2011Análise Econômica; v. 29 n. 56 (2011): setembro de 20112176-54560102-9924reponame:Análise Econômica (Online)instname:Universidade Federal do Rio Grande do Sul (UFRGS)instacron:UFRGSporhttps://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/13283/14674Copyright (c) 2019 Análise Econômicainfo:eu-repo/semantics/openAccessMeyrelles Filho, Sérgio FornazierArthmar, Rogério2013-10-10T17:57:22Zoai:seer.ufrgs.br:article/13283Revistahttps://seer.ufrgs.br/index.php/AnaliseEconomicaPUBhttps://seer.ufrgs.br/index.php/AnaliseEconomica/oai||rae@ufrgs.br2176-54560102-9924opendoar:2013-10-10T17:57:22Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)false
dc.title.none.fl_str_mv MONEY, LIQUIDITY AND FORCED SAVING IN CLASSICAL ECONOMICS
MOEDA, LIQUIDEZ E POUPANÇA FORÇADA NA ECONOMIA CLÁSSICA
title MONEY, LIQUIDITY AND FORCED SAVING IN CLASSICAL ECONOMICS
spellingShingle MONEY, LIQUIDITY AND FORCED SAVING IN CLASSICAL ECONOMICS
Meyrelles Filho, Sérgio Fornazier
Money
Liquidity
Forced saving
B12
B15
B30
Moeda
Liquidez
Poupança forçada
Classificação JEL
B12
B15
B30.
title_short MONEY, LIQUIDITY AND FORCED SAVING IN CLASSICAL ECONOMICS
title_full MONEY, LIQUIDITY AND FORCED SAVING IN CLASSICAL ECONOMICS
title_fullStr MONEY, LIQUIDITY AND FORCED SAVING IN CLASSICAL ECONOMICS
title_full_unstemmed MONEY, LIQUIDITY AND FORCED SAVING IN CLASSICAL ECONOMICS
title_sort MONEY, LIQUIDITY AND FORCED SAVING IN CLASSICAL ECONOMICS
author Meyrelles Filho, Sérgio Fornazier
author_facet Meyrelles Filho, Sérgio Fornazier
Arthmar, Rogério
author_role author
author2 Arthmar, Rogério
author2_role author
dc.contributor.author.fl_str_mv Meyrelles Filho, Sérgio Fornazier
Arthmar, Rogério
dc.subject.por.fl_str_mv Money
Liquidity
Forced saving
B12
B15
B30
Moeda
Liquidez
Poupança forçada
Classificação JEL
B12
B15
B30.
topic Money
Liquidity
Forced saving
B12
B15
B30
Moeda
Liquidez
Poupança forçada
Classificação JEL
B12
B15
B30.
description This paper examines the classical theory of money under a regime of convertible currency. It begins with a review of the classical model of the optimum monetary supply, stressing the idea of neutral money and also the markets’ adjustment process to variations in the provision of precious metals in both the short and the long run. After that, a brief incursion into the monetary debates of nineteenth century England is conducted, making explicit the main divergent points among the contentious parties over the gold-standard functionality. In the end, the most important channels of violations of the classical postulate of neutral money are analyzed, specially the liquidity motive and the forced savings doctrine.
publishDate 2011
dc.date.none.fl_str_mv 2011-12-22
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/13283
10.22456/2176-5456.13283
url https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/13283
identifier_str_mv 10.22456/2176-5456.13283
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/13283/14674
dc.rights.driver.fl_str_mv Copyright (c) 2019 Análise Econômica
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2019 Análise Econômica
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv UFRGS
publisher.none.fl_str_mv UFRGS
dc.source.none.fl_str_mv Análise Econômica; Vol. 29 No. 56 (2011): setembro de 2011
Análise Econômica; v. 29 n. 56 (2011): setembro de 2011
2176-5456
0102-9924
reponame:Análise Econômica (Online)
instname:Universidade Federal do Rio Grande do Sul (UFRGS)
instacron:UFRGS
instname_str Universidade Federal do Rio Grande do Sul (UFRGS)
instacron_str UFRGS
institution UFRGS
reponame_str Análise Econômica (Online)
collection Análise Econômica (Online)
repository.name.fl_str_mv Análise Econômica (Online) - Universidade Federal do Rio Grande do Sul (UFRGS)
repository.mail.fl_str_mv ||rae@ufrgs.br
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