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dc.contributor.authorPérez Caldentey, Estebanen_US
dc.contributor.authorVernengo, Matíasen_US
dc.date.accessioned2012-06-29en_US
dc.date.accessioned2012-09-28T12:38:37Z-
dc.date.available2012-09-28T12:38:37Z-
dc.date.issued2012en_US
dc.identifier.urihttp://hdl.handle.net/10419/64412-
dc.description.abstractThe Great Depression led to a need to rethink the principles of central banking, as much as it had led to the rethinking of economics in general, with the Keynesian Revolution at the forefront of the theoretical changes. This paper suggests that the role of the monetary authority as a fiscal agent of government and the abandonment of the view of the economy as self-regulated were the central changes in central banking in the center. In addition, in the periphery central banks changed to try to insulate the worst effects of balance of payments crises and the use of capital controls became more common. Marriner S. Eccles, in the United States, and Raúl Prebisch, in Argentina, are paradigmatic examples of those new tendencies of central banking in the 1930s.en_US
dc.language.isoengen_US
dc.publisherUniv. of Utah, Dep. of Economics Salt Lake City, Utahen_US
dc.relation.ispartofseriesWorking Paper, University of Utah, Department of Economics 2012-04en_US
dc.subject.jelB31en_US
dc.subject.jelB50en_US
dc.subject.jelE58en_US
dc.subject.jelN10en_US
dc.subject.ddc330en_US
dc.subject.keywordMonetary Policyen_US
dc.subject.keywordEconomic Historyen_US
dc.subject.keywordHeterodox Economicsen_US
dc.titleHeterodox central bankers: Eccles, Prebisch and financial reform in 1930sen_US
dc.typeWorking Paperen_US
dc.identifier.ppn718509250en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Department of Economics Working Paper Series, University of Utah

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