Trends of monetary post-keynesianism in the beginning of XXI century

Kseniia Lopukh
PhD, Senior lecturer, Department of Theory and History of Economy, Kyiv National Economic University named after V. Hetman, E-mail:erbin2014@ukr.net

Cite this article:

Lopukh, K. (2015), Trends of monetary post-keynesianism in the beginning of XXI century. Ed.: M. Zveryakov (ed.-in-ch.) and others [Tendentsii rozvytku monetarnoho postkeinsianstva na pochatku XXI stolittia; za red.: М. I. Zveriakova (gol. red.) ta in.], Socio-economic research bulletin (ISSN 2313-4569), Odessa National Economic University, Odessa, Issue 1, No. 56, pp. 289–295.

Abstract

The article examines theoretical and methodological principles of the post-keynesian monetary economics. It analyses the views of the representatives of this economic thought on the role of money and monetary policy in the development of the modern economy. It is identified that a major contribution of post-keynesians into the modern economics was their substantiation of close connection between monetary and financial sectors. The article highlights that in post-keynesian monetary economics is the main tool of fighting against financial instability.

Keywords

monetary economics; money; financial innovation; financial system; monetary policy; keynesian economics; monetarism.

JEL classification: B220; B260

UD classification: 330.834

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