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Monnaie endogène, monnaie exogène et banque centrale : l'influence de R.G. Hawtrey sur la formation du paradigme monétaire keynésien

de Boyer des Roches, Jérôme (1997), Monnaie endogène, monnaie exogène et banque centrale : l'influence de R.G. Hawtrey sur la formation du paradigme monétaire keynésien, 1er Colloque de la European Society of the History of Economic Thought, 1997-03, Marseille, France

Type
Communication / Conférence
Date
1997
Conference title
1er Colloque de la European Society of the History of Economic Thought
Conference date
1997-03
Conference city
Marseille
Conference country
France
Pages
23
Metadata
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Author(s)
de Boyer des Roches, Jérôme
Abstract (EN)
The article analyses Hawtrey's influence on Keynes's monetary thought. On the one hand Hawtrey carries on ricardian tradition and on the other he introduces the monetary macroeconomic paradigm. His theory includes both exogenous and endogenous money. Keynes is inspired by Hawtrey's approach but breaks with ricardian conclusions. This implies a desagreement between Keynes's and Hawtrey's analysis of money supply, the term structure of interest rates and bank risks.
Subjects / Keywords
analyse économique
JEL
B31 - Individuals
E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit
B22 - Macroeconomics