Portrait of the economist as a young man: Raúl Prebisch's evolving views on the business cycle and money, 1919-1949
Includes bibliography
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2014
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oai-11362-115792020-03-06T16:50:27Z Portrait of the economist as a young man: Raúl Prebisch's evolving views on the business cycle and money, 1919-1949 Pérez Caldentey, Esteban Vernengo, Matías PREBISCH, RAUL ECONOMIA CICLOS ECONOMICOS DINERO POLITICA MONETARIA CRECIMIENTO ECONOMICO PREBISCH, RAUL ECONOMICS BUSINESS CYCLES MONEY MONETARY POLICY ECONOMIC GROWTH Includes bibliography This paper analyses Raúl Prebisch's lesser-known contributions to economic theory, related to the business cycle and heavily informed by the Argentine experience. His views of the cycle emphasize the common nature of the cycle in the centre and the periphery as one unified phenomenon. While his rejection of orthodoxy is less than complete, some elements of what would become a more Keynesian position are developed. In particular, there is a preoccupation with the management of the balance of payments and the need for capital controls as a macroeconomic management tool, well before Keynes and White's plans led to the Bretton Woods agreement. In the process it is clear that Prebisch developed several ideas that are still relevant for understanding cyclical fluctuations in the periphery and that he became more concerned with the ability to take advantage of cyclical booms to maintain sustained economic growth. 2014-01-02T18:46:00Z 2014-01-02T18:46:00Z 2012-04 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/11579 LC/G.2518-P en CEPAL Review CEPAL Review 106 application/pdf ARGENTINA ARGENTINA |
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English |
topic |
PREBISCH, RAUL ECONOMIA CICLOS ECONOMICOS DINERO POLITICA MONETARIA CRECIMIENTO ECONOMICO PREBISCH, RAUL ECONOMICS BUSINESS CYCLES MONEY MONETARY POLICY ECONOMIC GROWTH |
spellingShingle |
PREBISCH, RAUL ECONOMIA CICLOS ECONOMICOS DINERO POLITICA MONETARIA CRECIMIENTO ECONOMICO PREBISCH, RAUL ECONOMICS BUSINESS CYCLES MONEY MONETARY POLICY ECONOMIC GROWTH Pérez Caldentey, Esteban Vernengo, Matías Portrait of the economist as a young man: Raúl Prebisch's evolving views on the business cycle and money, 1919-1949 |
description |
Includes bibliography |
format |
Texto |
author |
Pérez Caldentey, Esteban Vernengo, Matías |
author_facet |
Pérez Caldentey, Esteban Vernengo, Matías |
author_sort |
Pérez Caldentey, Esteban |
title |
Portrait of the economist as a young man: Raúl Prebisch's evolving views on the business cycle and money, 1919-1949 |
title_short |
Portrait of the economist as a young man: Raúl Prebisch's evolving views on the business cycle and money, 1919-1949 |
title_full |
Portrait of the economist as a young man: Raúl Prebisch's evolving views on the business cycle and money, 1919-1949 |
title_fullStr |
Portrait of the economist as a young man: Raúl Prebisch's evolving views on the business cycle and money, 1919-1949 |
title_full_unstemmed |
Portrait of the economist as a young man: Raúl Prebisch's evolving views on the business cycle and money, 1919-1949 |
title_sort |
portrait of the economist as a young man: raúl prebisch's evolving views on the business cycle and money, 1919-1949 |
publishDate |
2014 |
url |
http://hdl.handle.net/11362/11579 |
work_keys_str_mv |
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_version_ |
1718440279145447424 |