Money and the Economic Process'. . . a clear expression of post Keynesian monetary thought in response to the recent economic developments at the regional, national, and international level.' - Paul Mizen, the Economic Journal In this important new book, Sheila Dow argues that money is integral to the economic process and that some common principles may be applied when analysing money's role at the regional, national and international levels. the importance of considering the spatial aspects of money's role has been highlighted by recent developments in Europe and elsewhere. |
From inside the book
Results 1-3 of 45
Page 15
The realism to which appeal was made by the marginalists was the realism of
individual behaviour; since market forces are the aggregation of individual action,
the basic axioms had to refer to individual behaviour.19 Hence arose the axioms
...
The realism to which appeal was made by the marginalists was the realism of
individual behaviour; since market forces are the aggregation of individual action,
the basic axioms had to refer to individual behaviour.19 Hence arose the axioms
...
Page 29
The public sector may provide a solution, in that its behaviour can be viewed as
exempt from the axioms of individual rationality. Rational expectations theorists
are moving in the direction of endogenising public sector behaviour too, further ...
The public sector may provide a solution, in that its behaviour can be viewed as
exempt from the axioms of individual rationality. Rational expectations theorists
are moving in the direction of endogenising public sector behaviour too, further ...
Page 83
Much of course depends on the portfolio behaviour of the banks, as well as the
non-bank public. If the Periphery banks' liquidity preference also were to fall if the
injection occurred in Periphery, this would take the form of increased local ...
Much of course depends on the portfolio behaviour of the banks, as well as the
non-bank public. If the Periphery banks' liquidity preference also were to fall if the
injection occurred in Periphery, this would take the form of increased local ...
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Contents
Methodology and the Analysis of a Monetary Economy | 5 |
Money Supply Endogeneity | 26 |
Speculation and the Monetary Circuit with Particular | 43 |
Copyright | |
10 other sections not shown
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Common terms and phrases
activity adjustment aggregate analysis approach asset prices availability of credit balance of payments banking system behaviour borrowing branch banking business cycle capital account capital flight capital flows capital outflows central bank Centre changes Chapter confidence constraints context credit creation debt crisis deficit demand for credit demand for money dependency theory deposits determined developing countries effect endogenous entrepreneurial equilibrium Euro-currency market European central bank example exchange rate exogenous expansion expenditure export factors financial assets financial institutions financial markets Fishkind fixed exchange rate foreign exchange framework funds further growth important income increase inflows injection interest rate international financial system investment Keynes lending liabilities liquidity preference long-run monetarist monetary authorities monetary base money supply non-bank orthodox particular payments problems Periphery portfolio private sector production reduced regional development regional economic relative reserves role short-run significance speculative structure supply of credit theoretical trade transactions uncertainty
Bibliographic information
| Title | Money and the Economic Process |
| Author | Sheila C. Dow |
| Edition | illustrated |
| Publisher | E. Elgar, 1993 |
| Original from | the University of California |
| Digitized | 22 May 2008 |
| ISBN | 1852785667, 9781852785666 |
| Length | 219 pages |
| Subjects | › Business & Economics / General |
| Export Citation | BiBTeX EndNote RefMan |