Money, fiscal policy, and interest rates: A critique of Modern Monetary Theory
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- Thomas I. Palley, 2015. "Money, Fiscal Policy, and Interest Rates: A Critique of Modern Monetary Theory," Review of Political Economy, Taylor & Francis Journals, vol. 27(1), pages 1-23, January.
References listed on IDEAS
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2, Board of Governors of the Federal Reserve System (U.S.).
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"Money and Finance in the Macroeconomic Process,"
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- William Poole, 1970. "Optimal Choice of Monetary Policy Instruments in a Simple Stochastic Macro Model," The Quarterly Journal of Economics, Oxford University Press, vol. 84(2), pages 197-216.
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Cited by:
- Cecilia Maigua & Gekara Mouni, 2016. "Influence of Interest Rates Determinants on the Performance of Commercial Banks in Kenya," International Journal of Academic Research in Accounting, Finance and Management Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Accounting, Finance and Management Sciences, vol. 6(2), pages 121-133, April.
- Eric Tymoigne & L. Randall Wray, 2013. "Modern Money Theory 101: A Reply to Critics," Economics Working Paper Archive wp_778, Levy Economics Institute.
- Eckhard Hein, 2016.
"Autonomous government expenditure growth, deficits, debt and distribution in a neo-Kaleckian growth model,"
Working Papers
2016-02, Universita' di Cassino, Dipartimento di Economia e Giurisprudenza.
- Hein, Eckhard, 2016. "Autonomous government expenditure growth, deficits, debt and distribution in a neo-Kaleckian growth model," IPE Working Papers 68/2016, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Cavalieri, Duccio, 2014. "Towards an integrated theory of value, capital and money," MPRA Paper 58198, University Library of Munich, Germany.
- Cavalieri, Duccio, 2015.
"Structural interdependence in monetary economics: theoretical assessment and policy implications,"
MPRA Paper
65526, University Library of Munich, Germany.
- Cavalieri, Duccio, 2015. "Structural Interdependence in Monetary Economics: Theoretical Assessment and Policy Implications," MPRA Paper 62403, University Library of Munich, Germany.
- Cavalieri, Duccio, 2015. "Structural interdependence in monetary economics: theoretical assessment and policy implications," MPRA Paper 65528, University Library of Munich, Germany.
- Pedro Leao, 2015. "Is a Very High Public Debt a Problem?," Economics Working Paper Archive wp_843, Levy Economics Institute.
More about this item
Keywords
modern monetary theory; money financed budget deficits; fiscal policy;JEL classification:
- E00 - Macroeconomics and Monetary Economics - - General - - - General
- E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
- E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
- E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
- E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
- E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ALL-2013-03-16 (All new papers)
- NEP-MAC-2013-03-16 (Macroeconomics)
- NEP-MON-2013-03-16 (Monetary Economics)
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