Abstract

PIEGAY, Pierre  and  ROCHON, Louis-Philippe. Teorías monetarias poskeynesianas: una aproximación de la escuela francesa. Prob. Des [online]. 2005, vol.36, n.143, pp.33-57. ISSN 0301-7036.

This text is a synthetic presentation of the essential characteristics of post-Keynesian monetary theories. We wish to show that, in the current institutional framework, they constitute a useful instrument for understanding the functioning of our monetary economics. By breaking down the relations between the financial and productive spheres, the post-Keynesians justify the need to promote monetary and financial regulation. In the analysis, we see clearly that monetary policy should not be dedicated exclusively to combating inflation, as well as the fact that the State's great non-interventionism does not exempt the overall system from risks to its stability.

Keywords : endogenous money; banking system; interest rate; post-keynesian monetary theories.

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