Moneda, intercambios efectivos y desempleo keynesiano

Abstract

This paper aims at building up a simple model of a decentralized monetary economy with Keynesian unemployment. The existence of involuntary unemployment is based on the organization of trades. Money plays a critical role in coordinating decentralized transactions in equilibrium and in disequilibrium. Without perfect expectations, trades occur out of equilibrium. However, Keynesian unemployment is essentially an equilibrium phenomenom.

Keywords

• desempleo involuntario
• equilibrio
• desempleo keynesiano