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Un análisis de la política monetaria y tasa de interés real neutral desde la perspectiva del principio de demanda efectiva
[An analysis of monetary policy and neutral real interest rate from the perspective of the principle of effective demand]

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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

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 [An analysis of monetary policy and neutral real interest rate from the pe," MPRA Paper 87610, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:87610
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    References listed on IDEAS

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    1. 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.
    2. 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.
    3. Svensson, Lars E. O. & Woodford, Michael, 2003. "Indicator variables for optimal policy," Journal of Monetary Economics, Elsevier, vol. 50(3), pages 691-720, April.
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    More about this item

    Keywords

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    JEL classification:

    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
    • 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

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