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 35
... Regional bank multipliers with interregional transactions The long - run stock equilibrium condition The multiplier ... Development Introduction 127 131 137 140 141 141 The state of the art on money and regional development 142 A theory ...
Sheila C. Dow. only a part . The focus here on money and regional development , therefore , should not be taken as a denial of the significance of more general forces between regional economies , or of the complexity of financial markets ...
... development than the equivalent theoretical approach to international economics , which likewise examines the conditions for factor price equalisation . ( Indeed ... regions which enjoy dynamic economies Money and Regional Development 143.
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