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Réflexions sur l'instabilité des économies monétaires

Author

Listed:
  • Jean-Paul Pollin

    (LEO - Laboratoire d'Économie d'Orleans [UMR7322] - UO - Université d'Orléans - UT - Université de Tours - CNRS - Centre National de la Recherche Scientifique)

  • Jean-Luc Gaffard

Abstract

Cette article se propose d'étudier l'instabilité des économies monétaires en des termes différents de ceux que l'ont retient d'ordinaire. On l'explique à la fois par la forme particulière de l'offre de crédit dans un système de monnaie interne et par des phénomènes de rationnement du crédit. On en déduit que la stabilisation du système tient beaucoup plus à la nature des relations entre le système financier et le système productif qu'au contrôle de quelque agrégat monétaire.

Suggested Citation

  • Jean-Paul Pollin & Jean-Luc Gaffard, 1988. "Réflexions sur l'instabilité des économies monétaires," Post-Print hal-03474156, HAL.
  • Handle: RePEc:hal:journl:hal-03474156
    as

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