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forward and far superior to the ECB. The paper (1) outlines the theoretical basis of Keynesian monetary and financial theory …
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The purpose of this paper is to compare new developments on the monetary policy front, or what is known as inflation targeting, with some of Keynes's ideas as propounded in a pamphlet in 1932. A number of the ingredients of the new monetary policy approach can be found in Keynes, especially that...
Persistent link: https://www.econbiz.de/10010821637
The purpose of this paper is to compare new developments on the monetary policy front, or what is known as inflation targeting, with some of Keynes's ideas as propounded in a pamphlet in 1932. A number of the ingredients of the new monetary policy approach can be found in Keynes, especially that...
Persistent link: https://www.econbiz.de/10014362986