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Un análisis de la política monetaria y tasa de interés real neutral desde la perspectiva del principio de demanda efectiva

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  • Sandoval Paucar Giovanny

Abstract

Este ensayo explora los dilemas que enfrenta un Banco Central en la toma de decisiones de la política económica referente al nivel de la tasa de interés real y el principio de demanda efectiva. Para cumplir con este objetivo, se revisa diferentes enfoques conceptuales de la Tasa de Interés Real Neutral (TIRN) y el principio de demanda efectiva de Keynes, complementándolo con las visiones neo-keynesianas de Stiglitz (2010) y Krugman (2017) sobre la política monetaria. Se concluye que la política monetaria debería evolucionar a un esquema de monitoreo de pleno empleo y estabilidad económica y financiera.

Suggested Citation

  • Sandoval Paucar Giovanny, 2018. "Un análisis de la política monetaria y tasa de interés real neutral desde la perspectiva del principio de demanda efectiva," Documentos de Trabajo 17108, Universidad del Valle, CIDSE.
    • Handle: RePEc:col:000149:017108
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    References listed on IDEAS

    as
    1. Svensson, Lars E. O. & Woodford, Michael, 2003. "Indicator variables for optimal policy," Journal of Monetary Economics, Elsevier, vol. 50(3), pages 691-720, April.
    2. Basil J. Moore, 1989. "On the Endogeneity of Money Once More," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 11(3), pages 479-487, March.
    3. George A. Akerlof & William R. Dickens & George L. Perry, 1996. "The Macroeconomics of Low Inflation," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 27(1), pages 1-76.
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    More about this item

    Keywords

    Macroeconomía; Economía Monetaria; Keynes; Post-keynesianismo.;
    All these keywords.

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination

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