Open Access¿ante los cambios en la demanda del dinero, ¿cuál es la respuesta apropiada del banco central?
Author(s) -
Leonidas Zelmanovitz
Publication year - 2018
Publication title -
revista criterio libre/criterio libre
Language(s) - English
Resource type - Journals
eISSN - 2323-0886
pISSN - 1900-0642
DOI - 10.18041/1900-0642/criteriolibre.2010v8n13.1244
Subject(s) - monopoly , economics , central bank , money supply , welfare economics , money creation , monetary economics , monetary policy , market economy
This paper considers the question: - “In face of changes in the demand for money resulting from an increase in the risk perception by the economic agents, what are the proper actions the Central Bank should take?” as a starting point for a normative conclusion about the convenience of a monetary regime with a State monopoly of the money supply, forced legal tender and central bank versus the alternative of competitive money supply.