KEYNES AND THE EFFECTIVENESS OF MONETARY POLICY

doi:10.1111/j.1465-7295.1968.tb01183.x

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Wiley InterScience

Economic Inquiry

Volume 6 Issue 2, Pages 97 - 111

Published Online: 28 Sep 2007

A Journal of the Western Economic Association International

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KEYNES AND THE EFFECTIVENESS OF MONETARY POLICY

AXEL LEIJONHUFVUD ¹ ^, *

¹ UNIVERSITY OF CALIFORNIA, LOS ANGELES

*The material of this paper, as well as that of an earlier paper [12], has been drawn from a lengthier manuscript, On Keyntsian Economics and the Economics of Ktynts, to be published by Oxford University Press in the fall of 1968. I am deeply indebted to the Relm Foundation for making possible my work on this article.