Was Keynes’s Monetary Policy, à outrance in the Treatise, the Model for ZIRP and QE?
While Keynes can be considered the true father of the “unorthodox” monetary policies introduced by the Bank of Japan and the Federal Reserve, these policies also provide the test of their efficacy that Keynes called for. They suggest that Keynes’s Treatise optimism was misplaced, and that his more nuanced, skeptical, position in the General Theory was more appropriate; in particular, his emphasis on the need to provide an external source of demand through government expenditure.
Volume (Year): 1 (2012)
Issue (Month): 65-66 (September)
|Contact details of provider:|| Postal: |
Phone: (54-11) 4348-3582
Fax: (54-11) 4000-1257
Web page: http://www.bcra.gov.ar
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Richard J. Kent, 2004. "Keynes's Lectures at the New School for Social Research," History of Political Economy, Duke University Press, vol. 36(1), pages 195-206, Spring.
When requesting a correction, please mention this item's handle: RePEc:bcr:ensayo:v:1:y:2012:i:65-66:p:7-22. See general 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: (Federico Grillo)
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.