Currency endogeneity, instability and monetary policy

Luiz Afonso Simoens da Silva ()

Brazilian Journal of Political Economy, 1991, vol. 11, issue 1, 112-126

Abstract: 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.

Keywords: Money supply; monetary policy; central bank (search for similar items in EconPapers)
Date: 1991
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Persistent link: https://EconPapers.repec.org/RePEc:ekm:repojs:v:11:y:1991:i:1:p:112-126:id:1451

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