Currency endogeneity, instability and monetary policy

This paper tries to analyze the scope of a monetary policy in the context ofendogenous money, instability, and capital mobility. It starts with the post Keynesian critiqueto the mainstream and concludes with the impotence of the central bank to reach thestability of prices in Brazil through the use...

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Detalles Bibliográficos
Autor: Silva, Luiz Afonso Simoens da
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:1991
País:Brasil
Institución:EDITORA 34
Repositorio:Revista de Economia Política
Idioma:portugués
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/1451
Acceso en línea:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1451
Access Level:acceso abierto
Palabra clave:Money supply
monetary policy
central bank
Oferta de moeda
política monetária
banco central
Descripción
Sumario:This paper tries to analyze the scope of a monetary policy in the context ofendogenous money, instability, and capital mobility. It starts with the post Keynesian critiqueto the mainstream and concludes with the impotence of the central bank to reach thestability of prices in Brazil through the use of the classical instruments on monetary policy. JEL Classification: E31; E51; E52.