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Alfred Marshall y el Banco Central: política monetaria

dc.contributor.authorMéndez Ibisate, Fernando
dc.date.accessioned2023-06-21T01:39:19Z
dc.date.available2023-06-21T01:39:19Z
dc.date.issued1994
dc.description.abstractComo resultado de sus contribuciones a la teoría monetaria, Alfred Marshall propuso una renovación institucional decisiva dentro del sistema monetario: defendió un sistema de banca central con argumentos más racionales que los de sus predecesores -especialmente Walter Bagehot- y concedió un papel mucho más importante a la autoridad monetaria en el control de la política monetaria (especialmente en la lucha anticíclica). Marshall no contempló el sistema de banco central como "mal menor", sino como uno superior a cualquier plan basado en la convertibilidad para luchar contra los males de la moneda: fluctuaciones de su valor y ciclos del crédito. Sus ideas en política monetaria fueron semilla para las de John Maynard Keynes, y su relevancia sirvió para que las de éste encontrasen el terreno abonado.
dc.description.abstractBased on his contributions to monetary theory, Alfred Marshall expounded on an important institutional innovation in the monetary system: he defended a central bank with more theoretical based arguments than his predecessors did -particularly Walter Bagehot- and he gave a leading role to the monetary authority in managing and controlling monetary policy (especially for countering the cycle). Marshall did not see the central bank system as a "minor evil" but a superior framework -even to any plan based on convertibility- to solve the problem of fluctuations in the value of money and credit cycles. His ideas in monetary policy were the seed for the Cambridge School and their relevance helped to prepare the way for spreading the proposals of John Maynard Keynes about monetary policy.
dc.description.departmentDecanato
dc.description.facultyFac. de Ciencias Económicas y Empresariales
dc.description.refereedTRUE
dc.description.statuspub
dc.eprint.idhttps://eprints.ucm.es/id/eprint/6586
dc.identifier.doib15204741
dc.identifier.issn2255-5471
dc.identifier.relatedurlhttps://economicasyempresariales.ucm.es/working-papers-ccee
dc.identifier.urihttps://hdl.handle.net/20.500.14352/64262
dc.issue.number28
dc.language.isospa
dc.page.total16
dc.publication.placeMadrid
dc.publisherFacultad de Ciencias Económicas y Empresariales, Universidad Complutense
dc.relation.ispartofseriesDocumentos de Trabajo de la Facultad de Ciencias Económicas y Empresariales
dc.rights.accessRightsopen access
dc.subject.keywordPolítica monetaria
dc.subject.keywordBanco Central.
dc.subject.ucmHistoria económica
dc.subject.ucmDinero
dc.subject.unesco5506.06 Historia de la Economía
dc.subject.unesco5304.06 Dinero y Operaciones Bancarias
dc.titleAlfred Marshall y el Banco Central: política monetaria
dc.typetechnical report
dc.volume.number1994
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