The Dual-faceted Nature of the Keynesian Revolution: Money and Money-wages in Unemployment and Production Flow Prices

Louise Davidson

Chapter 39 in Money and Employment, 1990, pp 530-542 from Palgrave Macmillan

Abstract: Abstract The Keynesian Revolution has often been sited in the multiplier, the consumption function, animal spirits and investment, liquidity preference, dynamic disequilibrium, involuntary unemployment equilibrium, and perhaps several elements in combination. Most assessments, especially those by monetarists, have accused Keynes of underplaying the operation of the monetary mechanism - at least in The General Theory, though not in his Treatise on Money and in earlier work.

Keywords: Monetary Policy; General Equilibrium; Money Supply; Full Employment; Forward Contract (search for similar items in EconPapers)
Date: 1990
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:pal:palchp:978-1-349-11513-6_40

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349115136

DOI: 10.1007/978-1-349-11513-6_40

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().