Postkeynesovská teorie peněz - alternativní pohled

Post-keynesian theory of money - alternative view

Petr Sedláček

Politická ekonomie, 2002, vol. 2002, issue 2

Abstract: The post-Keynesian theory is an alternative view on money. The assumptions of this theory are uncertainty, historical time and importance of money. The source of money is demand of businessmen and households for credits. Money is endogenous and is determined by its demand a pulled by credits. Post-Keynesian theory is not homogenous and therefore this article deals with a horizontal and structural view of endogenous money and views of post-Keynesian proponents considering money as partly endogenous and partly exogenous. Post-Keynesian theory does not present recommendations for overall economic policy - but among the most interesting are recommendations aimed at regulation of the financial sector, banking supervision and inflation.

Keywords: transmission mechanism; money supply; post-Keynesian theory; exogenity; endogenity (search for similar items in EconPapers)
Date: 2002
References: Add references at CitEc
Citations:

Downloads: (external link)
http://polek.vse.cz/doi/10.18267/j.polek.361.html (text/html)
free of charge

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:prg:jnlpol:v:2002:y:2002:i:2:id:361

Ordering information: This journal article can be ordered from
Redakce Politické ekonomie, Vysoká škola ekonomická, nám. W. Churchilla 4, 130 67 Praha 3
http://polek.vse.cz

DOI: 10.18267/j.polek.361

Access Statistics for this article

Politická ekonomie is currently edited by Jiřina Bulisová

More articles in Politická ekonomie from Prague University of Economics and Business Contact information at EDIRC.
Bibliographic data for series maintained by Stanislav Vojir ().