Is Kaldor's Theory of Money Supply Endogeneity Still Relevant?

Contemporary monetary theory is characterized by the predominance of the monetarist thesis. Paradoxically, the widespread acceptance of the monetarists' conclusions has coincided with the disappearance of the stable relation between money stock and nominal income from the 1980s onwards. These r...

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Veröffentlicht in:Metroeconomica 2001-02, Vol.52 (1), p.95-120
1. Verfasser: Bertocco, Giancarlo
Format: Artikel
Sprache:eng
Online-Zugang:Volltext
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