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The Wicksellian Flavour in Macroeconomics

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  • Barbaroux, Nicolas

Abstract

Resumen: la macroeconomía encontró en Johan Gustav Knut Wicksell un nuevo líder. La aparición y el desarrollo reciente de los modelos nuevos keynesianos -también llamados modelos de la nueva síntesis neoclásica-, abogan por un renacimiento de las ideas wickselianas en macroeconomía. En efecto, la herencia wickseliana se entiende no solamente a partir de la política monetaria bajo la forma de reglas, sino además a partir del papel que juega la cantidad de dinero en la elaboración de la política monetaria. La publicación de Interest and Prices por Woodford en 2003 legitima explícitamente este "sabor" wickseliano. Este artículo presenta un estudio de las consecuencias de esta herencia en la elaboración de la política monetaria, y particularmente, se tratarán las consecuencias sobre la corriente monetarista. ¿En qué medida el renacimiento de la ideas wickselianas en macroeconomía son sinónimo o no del fin del monetarismo?.

Suggested Citation

  • Barbaroux, Nicolas, 2008. "The Wicksellian Flavour in Macroeconomics," Perfil de Coyuntura Económica, Universidad de Antioquia, CIE, August.
    • Handle: RePEc:col:000165:005328
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    File URL: http://aprendeenlinea.udea.edu.co/revistas/index.php/coyuntura/article/view/2337/1908
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    References listed on IDEAS

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    More about this item

    Keywords

    Woodford; Wicksell; política monetaria; monetarismo;
    All these keywords.

    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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