Znaczenie efektu Cantillona w teorii ekonomii

• Authors: Arkadiusz Sieroń

Title variants

EN

The Role of Cantillon Effect in Economics

• Languages of publication: PL

Abstracts

EN

The aim of this article is to examine the role of the Cantillon effect in economics. The literature of economic theory lacks the detailed discussion of the implications of the first-round effect for economics. This paper attempts to fill this gap. The article is mainly theoretical, but considerations presented are illustrated by relevant empirical data. Based on the analysis, the author concludes that the effect of Cantillon develops particularly the theory of money and inflation, the theory of banking and central banking, the theory of business cycle and price bubbles, the theory of income distribution and income and wealth inequalities, and the theory of public choice.

Keywords

EN

Cantillon effect; theory of money and inflation; theory of banking and central banking theory of business cycles and price bubbles; theory of income distribution and income and wealth inequalities; public choice theory

• Publisher: Wydawnictwo Uniwersytetu Wroclawskiego
• Journal: Ekonomia. Wrocław Economic Review
• Year: 2016
• Volume: 22
• Issue: 3
• Pages: 9-25

Contributors

author

Arkadiusz Sieroń

• Uniwersytet Wrocławski