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008 080307s1993 bl ||||gr |0|| 0 por d
100 1 _aCOSTA, Fernando Nogueira da
_933346
245 1 0 _a(Im)propriedades da moeda
260 _aSão Paulo :
_bNobel,
_cabr./jun. 1993
520 3 _aKeynes assumed inelasticity of supply (or inelasticity of production) with respect to demand as a necessary attribute of money. But the post-keynesian theory of money suggests that the money supply function should be viewed as horizontal, at a level of interest rates established by the central bank in setting the supply price of reserves. Interest rates rather than the money supply are the central bank’s true exogenous control variable. The money supply is endogenous, credit-driven and demand-determined. This paper examines why the later theory surpass Keynes’s theory of money
590 _aRevista de Economia Politica 1993
590 _av. 13, n. 2(50)
773 0 8 _tRevista de Economia Política = Brazilian Journal of Political Economy
_g13, 2, p. 61-75
_dSão Paulo : Nobel, abr./jun. 1993
_xISSN 01013157
_w
942 _cS
998 _a20080307
_b0940^b
_cMariana
998 _a20140220
_b1107^b
_ckarina
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c25849
_d25849
041 _apor