Theory of money of Josef Macek and his monetary policy view
| العنوان: | Theory of money of Josef Macek and his monetary policy view |
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| المؤلفون: | Milan Sojka |
| المصدر: | Politická ekonomie. 54:351-365 |
| بيانات النشر: | Prague University of Economics and Business, 2006. |
| سنة النشر: | 2006 |
| مصطلحات موضوعية: | Modern Monetary Theory, Economics and Econometrics, Nominalism, Quantity theory of money, Sociology and Political Science, Monetarism, Fiat money, Keynesian economics, Money supply, Monetary policy, Economics, Monetary hegemony |
| الوصف: | During 1930s and 1940s Josef Macek developed monetary theory leading to monetary policy recommendations which are deeply influenced by macroeconomic theory of John Maynard Keynes. Macek became leading Czech left-wing keynesian. His theory of money was nominalist and similarly to J. M. Keynes and G. Cassel he elaborated the concept of managed fiat money. He critisized and disapproved the quantity theory of money. In his monetary theory and his monetary policy conclusions he was a forerunner of contemporary post-keynesian monetary theories. Money supply is in his monetary theory highely endogenous and he expressed certain doubts about effeciency of monetary policy measures as antirecessionary remedy. |
| تدمد: | 2336-8225 0032-3233 |
| الوصول الحر: | https://explore.openaire.eu/search/publication?articleId=doi_________::f3c3bcf0548748a313b7864f264c82daTest https://doi.org/10.18267/j.polek.563Test |
| حقوق: | OPEN |
| رقم الانضمام: | edsair.doi...........f3c3bcf0548748a313b7864f264c82da |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 23368225 00323233 |
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