L'allocation des ressources et leur niveau d'emploi dans le chapitre 21 de la Théorie Générale
AbstractThe aim of this paper is to show the role of prices in Keynes?s monetary theory. More precisely, we show that in chapter 21 of the General Theory there exists a mechanism of relative prices. The employment level is determined, simultaneously, by effective demand and by relative prices. This result is derived from Keynesian price theory. In this theory, a rise in the quantity of money produces a non proportional price variation through effective demand. We show that Keynes?s theory is, at the same time, a theory of relative prices and a theory of the price level.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Dalloz in its journal Revue d'économie politique.
Volume (Year): Volume 116 (2006)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://www.cairn.info/revue-d-economie-politique.htm
Keynes; prices; money; allocation; employment;
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.