Por favor, use este identificador para citar o enlazar este ítem: https://hdl.handle.net/10495/6793
Título : On prices in Myrdal's Monetary Theory
Autor : Tobón Arias, Alexander de Jesús
metadata.dc.subject.*: Teoría monetaria
Myrdal, Gunnar
Precios
Procesos acumulativos
Fecha de publicación : 2006
Editorial : The History of Economic Thought Society of Australia
Citación : Tobón Arias, A. J. (2006). On prices in Myrdal's Monetary Theory. History of Economic Review. (43), 88-100.
Resumen : ABSTRACT: The aim of this paper is to show how Myrdal monetary theory can contribute to the study of the behaviour of prices in disequilibrium. The analysis explains the existence of a cumulative process based on the capacity of the entrepreneur to anticipate price variations. The variation in prices explains the persistence of the cumulative process. This, we argue, represents an opposite view of the one contained in Wicksell’s theory. Myrdal’s theory leads to the rejection of the quantity theory of money based on Wicksell’s approach. This comes as a surprising result knowing Wicksell believed his results confirmed this theory.
ISSN : 1122-8792
Aparece en las colecciones: Artículos de Revista en Ciencias Económicas

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