Money and the Economic ProcessIn 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. Using a post Keynesian perspective, the first five chapters put forward a methodological and theoretical framework for a theory of money which combines endogenous credit creation and liquidity preference. The next five chapters analyse money's role in the economic process as it affects regional economies. The final two chapters adapt the theory in order to analyse finance and development in the international context, and as a basis for discussing possible international institutional reforms. Money and the Economic Process features some of Sheila Dow's most acclaimed articles and papers in this area, as well as including some new work which reveals the recent development of her thought. |
From inside the book
Results 1-3 of 36
... portfolio behaviour , portfolio analysis can be introduced into a multiplier framework . " This will be done to a limited extent when changing regional expectations are introduced . The resulting coefficient adjustments during the ...
... portfolio preferences ( the liquidity preference function may shift because of a change in the supply of liquidity from any given portfolio ) . The first is the conventional case of Keynesian liquidity preference , whereby expectations ...
... portfolio and direct investment ) ; this is the one major balance of payments category which does not correspond to ... portfolio investment and short - term portfolio investment , in the case of the capital account . The Capital Account ...
Contents
Methodology and the Analysis of a Monetary Economy | 5 |
Money Supply Endogeneity | 21 |
The meaning of endogeneity within a theoretical | 27 |
Copyright | |
11 other sections not shown