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Evropská měnová unie z post-keynesovské perspektivy

European monetary union from post keynesian perspective

Jan Zapal

Politická ekonomie, 2005, vol. 2005, issue 5, 687-701

Abstract: Paper deals with the European Monetary Union from perspective of Post Keynesian school of economic thought. It discusses separately arguments often proposed by mainstream economists. After the brief introduction, which highlights main differences between mainstream and Post Keynesian economic theory, work deals in sequence with trade argument often found in discussion about monetary unification, monetary issues mainly with the role of European Central Bank and lastly, work appraises European Monetary Union from international monetary arrangement perspective proposed by Post Keynesian economists. Based on this evaluation, work concludes stating that Post Keynesian economists are more likely not to be overenthusiastic with European monetary unification.

Keywords: European monetary union; European Central Bank; Post Keynesian economics; international monetary arrangement; Thirlwall?s law (search for similar items in EconPapers)
JEL-codes: B22 E12 F15 F33 (search for similar items in EconPapers)
Date: 2005
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DOI: 10.18267/j.polek.531

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