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008 | 080307s1993 bl ||||gr |0|| 0 por d | ||
100 | 1 |
_aCOSTA, Fernando Nogueira da _933346 |
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245 | 1 | 0 | _a(Im)propriedades da moeda |
260 |
_aSão Paulo : _bNobel, _cabr./jun. 1993 |
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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 banks true exogenous control variable. The money supply is endogenous, credit-driven and demand-determined. This paper examines why the later theory surpass Keyness 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 |
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_a20080307 _b0940^b _cMariana |
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_a20140220 _b1107^b _ckarina |
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_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c25849 _d25849 |
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