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dc.contributor.authorPérez Caldentey, Estebanen
dc.contributor.authorVernengo, Matíasen
dc.date.accessioned2012-06-29-
dc.date.accessioned2012-09-28T12:38:37Z-
dc.date.available2012-09-28T12:38:37Z-
dc.date.issued2012-
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
dc.language.isoengen
dc.publisher|aThe University of Utah, Department of Economics |cSalt Lake City, UTen
dc.relation.ispartofseries|aWorking Paper |x2012-04en
dc.subject.jelB31en
dc.subject.jelB50en
dc.subject.jelE58en
dc.subject.jelN10en
dc.subject.ddc330en
dc.subject.keywordMonetary Policyen
dc.subject.keywordEconomic Historyen
dc.subject.keywordHeterodox Economicsen
dc.titleHeterodox central bankers: Eccles, Prebisch and financial reform in 1930s-
dc.typeWorking Paperen
dc.identifier.ppn718509250en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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