Quantitative easing: a Keynesian critique
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| Format: | Artículo científico |
| Langue: | en |
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Universidad Nacional Autónoma de México
2011
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| _version_ | 1876487708824567808 |
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| author | Thomas I. Palley |
| author_facet | Thomas I. Palley |
| contents | Quantitative easing: a Keynesian critique Thomas I. Palley Economía y Finanzas asset prices monetary policy Quantitative easing Keynesian economists have generally supported quantitative easing (QE) on grounds it increases aggregate demand and anything that increases demand at this time of demand shortage is welcome. This paper argues that response may be misplaced. QE may back fire with respect to demand stimulus create potentially significant future dangers, and is supportive of a plutocratic based on "asset market trickle-down" that obstructs needed policy change. 2011 artículo científico 0185-1667 https://www.redalyc.org/articulo.oa?id=60120242004 en http://www.redalyc.org/revista.oa?id=601 Investigación Económica application/pdf Universidad Nacional Autónoma de México Investigación Económica (México) Num.277 Vol.LXX |
| format | Artículo científico |
| id | redalyc_60120242004 |
| institution | Redalyc |
| language | en |
| publishDate | 2011 |
| publisher | Universidad Nacional Autónoma de México |
| spellingShingle | Quantitative easing: a Keynesian critique Thomas I. Palley Economía y Finanzas asset prices monetary policy Quantitative easing Quantitative easing: a Keynesian critique Thomas I. Palley Economía y Finanzas asset prices monetary policy Quantitative easing Keynesian economists have generally supported quantitative easing (QE) on grounds it increases aggregate demand and anything that increases demand at this time of demand shortage is welcome. This paper argues that response may be misplaced. QE may back fire with respect to demand stimulus create potentially significant future dangers, and is supportive of a plutocratic based on "asset market trickle-down" that obstructs needed policy change. 2011 artículo científico 0185-1667 https://www.redalyc.org/articulo.oa?id=60120242004 en http://www.redalyc.org/revista.oa?id=601 Investigación Económica application/pdf Universidad Nacional Autónoma de México Investigación Económica (México) Num.277 Vol.LXX |
| title | Quantitative easing: a Keynesian critique |
| topic | Economía y Finanzas asset prices monetary policy Quantitative easing |
| url | https://www.redalyc.org/articulo.oa?id=60120242004 |