Psychology Dictionary of ArgumentsHome
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| Monetary policy: Monetary policy is the set of tools used by a central bank to influence the money supply and interest rates in an economy. The goal of monetary policy is to achieve macroeconomic objectives such as price stability, full employment, and economic growth. See also Central bank, Money supply, Monetarism, Economic growth, Interest rates, Macroeconomics._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. | |||
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Keynesianism on Monetary Policy - Dictionary of Arguments
Mause I 224 Monetary Policy/Keynesianism/KeynesianismVsNeoclassics: Liquidity trap: if interest rates are low, so that no actor expects further rate cuts, the additional liquidity of monetary policy measures is no longer used to buy bonds. In this case, there will not be the desired interest rate cuts, which should lead to additional demand for goods in the economy as a whole. This is referred to as a liquidity trap, which leads to the ineffectiveness of monetary policy. VsNeoclassics, VsCapital Market Theory see Capital Market Theory/Neoclassics._____________Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition. |
Keynesianism Mause I Karsten Mause Christian Müller Klaus Schubert, Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018 |
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> Counter arguments against Keynesianism
> Counter arguments in relation to Monetary Policy
