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Un precepto para la teoría monetaria

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  • Neil Wallace

Abstract

El artículo propone una nueva regla metodológica para el diseño de modelos de teoría monetaria. Esta regla (o precepto) es que el dinero no debería ser un concepto primitivo en la teoría monetaria, sino que su existencia y su valor deberían surgir a partir de una situación de equilibrio general. El artículo enumera cuáles modelos monetarios actuales cumplen con el precepto indicado y cuáles no lo cumplen. A manera de ejemplo, también se presenta un modelo de reuniones en pares que los satisfacen.

Suggested Citation

  • Neil Wallace, 1996. "Un precepto para la teoría monetaria," Apuntes. Revista de ciencias sociales, Fondo Editorial, Universidad del Pacífico, vol. 23(39), pages 3-12.
    • Handle: RePEc:pai:apunup:es-39-01
    as

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    File URL: http://revistas.up.edu.pe/index.php/apuntes/article/download/442/444
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    References listed on IDEAS

    as
    1. Paul A. Samuelson, 1968. "What Classical and Neoclassical Monetary Theory Really was," Canadian Journal of Economics, Canadian Economics Association, vol. 1(1), pages 1-15, February.
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    6. S. Rao Aiyagari & Neil Wallace, 1991. "Existence of Steady States with Positive Consumption in the Kiyotaki-Wright Model," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(5), pages 901-916.
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    9. Kiyotaki, Nobuhiro & Wright, Randall, 1989. "On Money as a Medium of Exchange," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 927-954, August.
    10. Sargent, Thomas J & Wallace, Neil, 1982. "The Real-Bills Doctrine versus the Quantity Theory: A Reconsideration," Journal of Political Economy, University of Chicago Press, vol. 90(6), pages 1212-1236, December.
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