In face of changes in the demand for money, ¿what is the proper response by the central bank?
DOI:
https://doi.org/10.18041/1900-0642/criteriolibre.2010v8n13.1244Abstract
Este papel considera la pregunta: “Ante los cambios en la demanda del dinero como resultado de un aumento de riesgo por los agentes económicos, ¿cuáles son las acciones apropiadas que Banco central debería tomar? “ como un punto de partida para una conclusión normativa sobre la conveniencia de un régimen monetario con un monopolio Estatal del suministro de dinero, la respuesta es moneda legal forzada versus la alternativa de suministro de dinero competitivo.
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References
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Yeager, Leland - The Fluttering Veil, Essays in Monetary Disequilibrium - Liberty Fund, Inc., Indianapolis, 1997.
Barnett II, William and Block, Walter - Money: Capital Good, Consumer's Good or (Media of) Exchange Good? - The Review of Austrian Economics, 18:2, 2005, 179-194.
Barnett II, William and Block, Walter - On the Optimum Quantity of Money - The Quarterly Journal of Austrian Economics, Volume 7, # 1 (Spring 2004), 39-52.
Cwik, Paul F. (2009) "Recession Economics and Non-Neutral Money", working paper, presented at the Austrian Scholars Conference 2009, mises.org/journals/ scholar/cwik4.pdf
Den Uyl, Douglas - The Virtue of Prudence - Studies in Moral Philosophy, Volume 5, Peter Lang Publishing, 1991.
Huerta de Soto, Jesús - Money, Credit, and Economic Cycles - Ludwig von Mises Institute, Auburn, Alabama, 2006.
Laidler, David E. W. - The Demand for Money, Theories, Evidence & Problems - HarperCollins College Publishers, Fourth Edition, 1993.
Miller, Robert C. B. (2009) "The Austrians and the Crisis", in the Journal of The Institute of Economic Affairs, Volume 29, Number 3, pages 27-34. Oxford, England: Blackwell Publishing.
Mises, Ludwig von - Human Action, a Treatise on Economics - Liberty Fund, Inc., Indianapolis, 2007 (originally published 1949).
Mises, Ludwig von - The Theory of Money and Credit - Liberty Classics, Indianapolis, 1981 (originally published 1912).
Yeager, Leland - The Fluttering Veil, Essays in Monetary Disequilibrium - Liberty Fund, Inc., Indianapolis, 1997.
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Published
2018-01-29
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How to Cite
In face of changes in the demand for money, ¿what is the proper response by the central bank?. (2018). Criterio Libre, 8(13), 69-94. https://doi.org/10.18041/1900-0642/criteriolibre.2010v8n13.1244
