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The effects of monetary policy on the real sector: what do we know?

PSL Quarterly Review

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Title The effects of monetary policy on the real sector: what do we know?
 
Creator CHOURAQUI, J.C.
DRISCOLL, M.J.
STRAUSS-KHAN, M.
 
Subject
Monetary policy, neo-Keynesian, monetarist, new classical economists, real sector
E52, E12, E13
 
Description During recent years, the money-income relationship has broken down and monetary policies have been replaced with more eclectic policy stances. This article reviews the current wisdom with regard to the effects of monetary aggregates on domestic real sector variables. The competing analytical frameworks are split into the non-clearing markets camp and the clearing camp. In the former, neo-Keynesian and monetarist ideas are compared; in the latter stand the 'new classical economists'. The empirical literature for the above is reviewed thoroughly.JEL: E52, E12, E13
 
Publisher Economia civile
 
Contributor
 
Date 2013-11-23
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/11109
 
Source PSL Quarterly Review; Vol 42, No 168 (1989)
PSL Quarterly Review; Vol 42, No 168 (1989)
2037-3643
ISSN 2037-3635
 
Language eng
 
Relation http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/11109/10983
 
Rights Copyright (c) 2016 J.C. CHOURAQUI, M.J. DRISCOLL, M. STRAUSS-KHAN
http://creativecommons.org/licenses/by-nc-nd/4.0