Monetarists And Keynesians On Central Banking: A Study Of A Failed Debate
AbstractThis paper reviews and appraises the debate about whether the central bank should pursue counter-cyclical policy or generate a stable monetary growth rate. It focuses on whether the participants have followed the rules of "good conversation," and concludes that they have not. Monetarist have over-stated their case, and their opponents have, in large part, just ignored salient points that the monetarists have raised. All the same, the debate has advanced economics to some extent. To support these conclusions the literature generated by this debate is discussed in some detail.
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.
Bibliographic InfoPaper provided by California Davis - Department of Economics in its series Department of Economics with number 96-06.
Date of creation:
Date of revision:
Contact details of provider:
Postal: University of California Davis - Department of Economics. One Shields Ave., California 95616-8578
Phone: (530) 752-0741
Fax: (530) 752-9382
Web page: http://www.econ.ucdavis.edu/
More information through EDIRC
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Thomas Mayer, . "The Role Of Ideology In Disagreements Among Economists. A Quantitative Analisis:," Department of Economics 00-01, California Davis - Department of Economics.
- Thomas Mayer, 2013. "Reply to Deirdre McCloskey and Stephen Ziliak on Statistical Significance," Econ Journal Watch, Econ Journal Watch, vol. 10(1), pages 87-96, January.
- Thomas Mayer, 2001. "The role of ideology in disagreements among economists: a quantitative analysis," Journal of Economic Methodology, Taylor & Francis Journals, vol. 8(2), pages 253-273.
- Thomas Mayer, 2003. "The role of ideology in disagreements among economists. A Quantitative Analisis:," Working Papers 01, University of California, Davis, Department of Economics.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel).
If references are entirely missing, you can add them using this form.