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On Monetary Policy, Unemployment, and Economic Growth

Journal of Economics Bibliography

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Field Value
 
Title On Monetary Policy, Unemployment, and Economic Growth
 
Creator ROSAS MARTINEZ, Victor H.; Universita di Siena, Mexico.
 
Subject Endogenous money supply; Expansive monetary policy; Inflation; Unemployment; Economic Growth.
E24; E51; E52; E58; O42.
 
Description Abstract. Recognizing the possible relation between investments, economic growth and unemployment, and how there is not an established impact of an unlikely productive project failure on the secondly mentioned variables, we address such relation and asses theoretically the effect of different instruments of monetary policy on the mentioned macroeconomic indicators. To do this we build upon two models of economic growth considering the role of entrepreneurs, risk takers, and a monetary authority which is the average agent of the economy that is assumed to be aware of how the inflation can damage equally the individuals' life style, independently of their particular levels of income, finding that the impact of the monetary instruments depends on the behavior of the population, and endogenizing the money in circulation.Keywords. Endogenous money supply, Expansive monetary policy, Inflation, Unemployment, Economic Growth.JEL. E24, E51, E52, E58, O42.
 
Publisher Journal of Economics Bibliography
 
Contributor —
 
Date 2016-06-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.kspjournals.org/index.php/JEB/article/view/851
10.1453/jeb.v3i2.851
 
Source Journal of Economics Bibliography; Vol 3, No 2 (2016): June; 298-311
2149-2387
 
Language eng
 
Relation http://www.kspjournals.org/index.php/JEB/article/view/851/972
 
Rights Copyright (c) 2016 Journal of Economics Bibliography
http://creativecommons.org/licenses/by-nc/4.0