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Credibility versus Confidence in Monetary Policy

In: Money, Financial Instability and Stabilization Policy

Author

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  • Edwin le Heron
  • Emmanuel Carre

Abstract

Money, Financial Instability and Stabilization Policy consists of original articles by leading Post Keynesians, Kaleckians and other heterodox economists from the developed and developing world. Post Keynesian literature has long been associated with the study of money, financial markets and financial instability. Indeed, this is perhaps the area to which Post Keynesians have made the greatest contributions. The authors to this volume present an overview of the latest research on monetary theory and policy, financial markets, and financial instability coming out of the Post Keynesian school of thought. They provide an indication of the wide-ranging interests and of the truly international scope of Post Keynesian research. The first half of the volume is theoretical, while the second half includes papers that are either empirical or more focused on specific concerns.

Suggested Citation

  • Edwin le Heron & Emmanuel Carre, 2006. "Credibility versus Confidence in Monetary Policy," Chapters, in: L. Randall Wray & Mathew Forstater (ed.), Money, Financial Instability and Stabilization Policy, chapter 4, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:3902_4
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    Cited by:

    1. Régis Bokino & Moustapha Gano, 2018. "Independence and accountability within the monetary policy committee of the BCEAO," Cahiers du GREThA (2007-2019) 2018-24, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    2. Tadadjeu Wemba, Dessy-Karl & Essiane, Patrick-Nelson Daniel, 2019. "La crédibilité des politiques monétaires affecte-t-elle la croissance économique en Afrique subsaharienne? [Does the credibility of monetary policies affect economic growth in Sub-Saharan Africa?]," MPRA Paper 99961, University Library of Munich, Germany.
    3. Edwin Le Heron, 2006. "Alan Greenspan, the confidence strategy," Brazilian Journal of Political Economy, Center of Political Economy, vol. 26(4), pages 502-517.

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    Keywords

    Development Studies; Economics and Finance;

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