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Monnaie, structure et emploi dans une économie en récession

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  • Jean-Luc Gaffard

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

L/UN des principaux acquis de la révolution keynésienne est de mettre en valeur l'erreur analytique qui consiste à traiter séparément de la théorie de l'emploi et de celle de la monnaie. C'est là le sens précis de l'objectif, que Keynes s'est assigné, lorsqu'il propose une Théorie Générale. " Le cours des événements, écrit-il, ne peut pas être prévu, ni en longue période, ni en courte période, sans une connaissance du comportement de la monnaie de la première étape à la dernière. 1 " L'économie monétaire est ainsi opposée à l'économie d'échange réel " qui utilise la monnaie mais l'utilise simplement comme un lien neutre entre les transactions sur des choses réelles ou sur des actifs réels et ne lui reconnaît pas d'intervenir dans les motivations ou les décisions " 2. Et c'est dans une économie monétaire que doit s'inscrire la théorie de l'emploi (...).

Suggested Citation

  • Jean-Luc Gaffard, 1980. "Monnaie, structure et emploi dans une économie en récession," Post-Print hal-01009206, HAL.
    • Handle: RePEc:hal:journl:hal-01009206
    DOI: 10.2307/3501092
    Note: View the original document on HAL open archive server: https://sciencespo.hal.science/hal-01009206
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    3. Grossman, Herschel I, 1971. "Money, Interest, and Prices in Market Disequilibrium," Journal of Political Economy, University of Chicago Press, vol. 79(5), pages 943-961, Sept.-Oct.
    4. Davidson, Paul, 1972. "Money and the Real World," Economic Journal, Royal Economic Society, vol. 82(325), pages 101-115, March.
    5. Rudiger Dornbusch & Paul Krugman, 1976. "Flexible Exchange Rates in the Short Run," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 7(3), pages 537-584.
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