A new version of this entry is available:
Loading...
ResearchPaper
2024
Monetärer Keynesianismus : Versuch einer Rekonstruktion von Hajo Rieses "Theorie der Geldwirtschaft"
Monetärer Keynesianismus : Versuch einer Rekonstruktion von Hajo Rieses "Theorie der Geldwirtschaft"
Abstract (English)
Hajo Riese (FU Berlin) was a pioneer of the "Berlin School of Monetary Keynesianism",
particularly in the 1980s and 1990s. His research work was based on the roots of monetary
theory in the work of J. M. Keynes, with a particular focus on the theory of capital and
interest rates. While in Keynes liquidity preference remained an element of money demand,
for Riese it formed the central variable of a theory of credit supply. The credit contract
is not based on goods or goods equivalents, but on the nominal category of money,
because this is the sole medium for the fulfilment of contracts. In addition to the interest
rate, the rate of return on real capital is also determined by the liquidity premium. The
central bank has to take into account the regulatory-theoretical significance of monetary
stability, which runs counter to the "easy money policy" usually demanded by Keynesians.
File is subject to an embargo until
This is a correction to:
A correction to this entry is available:
This is a new version of:
Notes
Publication license
Publication series
Hohenheim discussion papers in business, economics and social sciences; 2024,02
Published in
Faculty
Institute
Examination date
Supervisor
Edition / version
Citation
DOI
ISSN
ISBN
Language
German
Publisher
Publisher place
Classification (DDC)
330 Economics
Original object
Free keywords
Standardized keywords (GND)
BibTeX
@techreport{Spahn2024,
url = {https://hohpublica.uni-hohenheim.de/handle/123456789/6983},
doi = {10.60848/2121},
author = {Spahn, Peter},
title = {Monetärer Keynesianismus : Versuch einer Rekonstruktion von Hajo Rieses "Theorie der Geldwirtschaft"},
year = {2024},
series = {Hohenheim discussion papers in business, economics and social sciences},
}