Keynes's Analysis of Economic Crises and Monetary Policy in the General Theory: Its Relevance after 75 years

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dc.contributor.author Docherty, PT
dc.date.accessioned 2012-02-23T00:37:43Z
dc.date.issued 2011-01
dc.identifier.citation Review of Political Economy, 2011, 23 (4), pp. 521 - 535
dc.identifier.issn 0953-8259
dc.identifier.other C1 en_US
dc.identifier.uri http://hdl.handle.net/10453/17349
dc.description.abstract This paper argues that Keyness treatment of economic fluctuations and monetary policy in the General Theory is still relevant after 75 years. His treatment of severe economic crises provides considerable insight into the possibility of crises emanating from financial markets, and for understanding how financial disturbances may have real economic effects. Keyness insights into the potential limitations of using monetary policy to deal with periods of crisis and how these limitations may be addressed are also shown to be relevant to the recent global financial crisis. The paper also argues that the General Theory has insights to offer on the use of Taylor rules and on the possibility of addressing persistent unemployment.
dc.publisher Taylor and Francis
dc.relation.isbasedon 10.1080/09538259.2011.611617
dc.title Keynes's Analysis of Economic Crises and Monetary Policy in the General Theory: Its Relevance after 75 years
dc.type Journal Article
dc.parent Review of Political Economy
dc.journal.volume 4
dc.journal.volume 23
dc.journal.number 4 en_US
dc.publocation US en_US
dc.publocation USA
dc.identifier.startpage 521 en_US
dc.identifier.endpage 535 en_US
dc.cauo.name BUS.School of Finance and Economics en_US
dc.conference Verified OK en_US
dc.conference International Power Electronics and Motion Control Conference
dc.for 1402 Applied Economics
dc.personcode 000249
dc.percentage 100 en_US
dc.classification.name Applied Economics en_US
dc.classification.type FOR-08 en_US
dc.edition en_US
dc.custom en_US
dc.date.activity en_US
dc.date.activity 2006-08-13
dc.location.activity en_US
dc.location.activity Shanghai, China
dc.description.keywords en_US
dc.description.keywords Flyback switching DC-DC converter, output diode
dc.description.keywords power loss model
dc.description.keywords heavy load simulation model
pubs.embargo.period Not known
pubs.organisational-group /University of Technology Sydney
pubs.organisational-group /University of Technology Sydney/Faculty of Business
pubs.organisational-group /University of Technology Sydney/Faculty of Business/Economics
utslib.copyright.status Closed Access
utslib.copyright.date 2015-04-15 12:17:09.805752+10
utslib.collection.history Closed (ID: 3)


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