IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

IS-LM et la demande de monnaie

Listed author(s):
  • André Ségura
Registered author(s):

    [eng] André Ségura IS-LM and the demand for money. If J.-R. Hicks is to be believed, "Keynes recognised that IS-LM was a correct statement of his positions"; that is not wrong since Keynes considered "that is he had nearly nothing to criticize" in the IS-LM cons- truction proposed by Hicks to explain the interest rate and the income. The problem is to make this judgment agree with some writings, that — according to qualified readers of Keynes' works — represent a rejection of Hicks' interpretation of the General Theory. The answer could be found in a critical reading of the idea of demand for money co-determining of the interest rate. The total demand for money or demand for liquid assets is sometimes considered as the expression of the liquid asset preference even though this one can sometimes be expressed through the demand for idle money only. [fre] André Ségura IS-LM et la demande de monnaie. Si l'on en croit J.R. Hicks, «Keynes reconnu que IS-LM était un énoncé correct de ses positions»; ce n'est pas une contre-vérité puisuqe Keynes a estimé «n'avoir pratiquement rien à critiquer» dans schéma IS-LM proposé par le premier pour rendre compte de la détermination du taux d'intérêt et du revenu. Comment accorder un tel jugement avec ce qui, dans d'autres écrits, de l'avis des commentateurs avisés de l'œuvre de Keynes, constitue un désaveu de la lecture hicksienne de la Théorie Générale? La réponse pourrait se trouver dans une lecture critique du concept de demande de monnaie codéterminant du taux d'intérêt; la demande totale de monnaie ou demande de liquidités est parfois considérée comme l'expression de préférence pour la liquidité, que cette dernière s'exprime à d'autres moments à travers la seule demande de monnaie oisive.

    If 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.

    File URL:
    Download Restriction: no

    File URL:
    Download Restriction: no

    Article provided by Programme National Persée in its journal Revue française d'économie.

    Volume (Year): 6 (1991)
    Issue (Month): 1 ()
    Pages: 131-160

    in new window

    Handle: RePEc:prs:rfreco:rfeco_0769-0479_1991_num_6_1_1277
    Note: DOI:10.3406/rfeco.1991.1277
    Contact details of provider: Web page:

    No references listed on IDEAS
    You can help add them by filling out this form.

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:prs:rfreco:rfeco_0769-0479_1991_num_6_1_1277. 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: (Equipe PERSEE)

    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.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.