From Monetarism to the New Classical Synthesis

Alvaro Cencini and Sergio Rossi
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Alvaro Cencini: University of Lugano
Sergio Rossi: University of Fribourg

Chapter 4 in Economic and Financial Crises, 2015, pp 83-105 from Palgrave Macmillan

Abstract: Abstract The aim of this chapter is to show that both monetarism and the new classical synthesis fail to provide a satisfactory analysis of the working of our economies and of the way disorders may arise, disrupting the economic system taken as a whole.

Keywords: Monetary Policy; Business Cycle; General Equilibrium; Economic Agent; General Equilibrium Model (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-46190-2_5

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DOI: 10.1057/9781137461902_5

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