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The Global ETD Search service is a free service for researchers
to find electronic theses and dissertations. This service is
provided by the
Networked Digital Library of Theses and Dissertations.
Our metadata is collected from universities around the world. If you manage a university/consortium/country archive and want to be added, details can be found on the NDLTD website.
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Showing 1 to 2 of 2 (0.026 seconds)Spelling suggestions: "subject:"nonergodic"" "subject:"ergodic""
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Post Keynesian monetary theory and its implications for monetary policy in South AfricaJackson, Michael Keith Caulton 06 1900 (has links)
The theoretical foundations of the Post Keynesian view of money are examined,
including the nature of money, role of uncertainty and time, and the use of
equilibrium concepts. This provides a backdrop against which the Post
Keynesian analysis of interest rates, investment behaviour: inflation and
demand determination is presented in a framework of non-neutral money and
Keynes' principle of effective demand. A model of the Post Keynesian theory of
money is presented, with arguments as to why the IS/LM model of the
neoclassical synthesis is considered deficient. The money supply endogeneity
view is explored, together with Keynes' finance motive. The open economy
case is considered, with emphasis on a small open economy. The monetary
policy perspectives of the Post Keynesian camp are examined. The implications
for South Africa are considered in respect of money supply targeting, interest
rate policy, anti-inflation measures, public debt management, exchange rates
and Reserve Bank objectives. / Economics / M.A. (Economics)
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| 2 |
Post Keynesian monetary theory and its implications for monetary policy in South AfricaJackson, Michael Keith Caulton 06 1900 (has links)
The theoretical foundations of the Post Keynesian view of money are examined,
including the nature of money, role of uncertainty and time, and the use of
equilibrium concepts. This provides a backdrop against which the Post
Keynesian analysis of interest rates, investment behaviour: inflation and
demand determination is presented in a framework of non-neutral money and
Keynes' principle of effective demand. A model of the Post Keynesian theory of
money is presented, with arguments as to why the IS/LM model of the
neoclassical synthesis is considered deficient. The money supply endogeneity
view is explored, together with Keynes' finance motive. The open economy
case is considered, with emphasis on a small open economy. The monetary
policy perspectives of the Post Keynesian camp are examined. The implications
for South Africa are considered in respect of money supply targeting, interest
rate policy, anti-inflation measures, public debt management, exchange rates
and Reserve Bank objectives. / Economics / M.A. (Economics)
|
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