Alcune osservazioni sulla relazione tra incertezza e moneta in Keynes

Giancarlo Bertocco

Economia politica, 2006, issue 3, 363-384

Abstract: The relation between uncertainty and money is the central point of the keynesian monetary theory. In general the keynesian economists consider uncertainty as the exogenous variable starting from which the functions of money can be defined. The presence of uncertainty justifies the store of wealth function of money and is the element on which the keynesian theory of liquidity preference is founded. The aim of this paper is to show an alternative interpretation of the relation between uncertainty and money which explains the importance of uncertainty starting from the specifications of the characteristics of money. This interpretation is grounded on some Keynes's works which date back to 1933 and some works published between 1937 and 1939.

Date: 2006
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.rivisteweb.it/download/article/10.1428/23532 (application/pdf)
https://www.rivisteweb.it/doi/10.1428/23532 (text/html)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:mul:jb33yl:doi:10.1428/23532:y:2006:i:3:p:363-384

Access Statistics for this article

Economia politica is currently edited by Alberto Quadrio Curzio, Giorgio Lunghini, Pier Carlo Nicola

More articles in Economia politica from Società editrice il Mulino
Bibliographic data for series maintained by ().