Post-Keynesian Monetary Economics: New Approaches to Financial ModellingPhilip Arestis |
Contents
Polytechnic | 1 |
Philip Arestis and Ciaran Driver North East | 11 |
PostKeynesian Theory of Money Credit | 71 |
Copyright | |
5 other sections not shown
Common terms and phrases
adjustment aggregate analysis argue Bancor bank lending banking development banking system behaviour borrowing Cambridge capital capitalist CEAR model central bank centre CEPG model changes circulation commercial banks commodities commodity money consumer goods sector costs credit money Davidson debt demand dependency theory deposits determined dollar domestic effect Eichner endogenous equations exchange rates exogenous expectations exports Federal Reserve financial assets financial markets Friedman Godley gold growth important income increase inflation institutions investment issue Keynes Keynesian Keynesian Economics labour LDCs lenders liabilities liquidity preference loans long-run mark-up Marx means of production merchants monetarist monetary authorities monetary theory money stock money supply money wages NIMA nominal interest rates output payments period periphery post-Keynesian Post-Keynesian Economics problems profit purchasing power rate of interest ratio real interest rates real rate regional development slowdown stage of banking store of value surplus value tion trade transactions unit variable wage fund