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 76
... further the concept of the endogeneity of the money supply which was touched on in Chapter 2 and was prepared for a conference at the University of Ottawa . Out of this paper arose further work on endogeneity ( Dow and Dow , 1988 ) ...
... further reduce non - bank purchases of Centre securities . Indeed , for regionally - separable banks whose profits are constrained by deposit levels , the Periphery banks would gain by a policy which thus increased the regional money ...
... further in that they deny the need for a monetary standard . This stems from the view that money - assets ( and therefore banks ) are not distinctive . Rather there is a continuum of financial assets issued by a range of financial and ...
Contents
Methodology and the Analysis of a Monetary Economy | 5 |
The different methodological bases of Post Keynesian | 11 |
List of Figures and Tables | 17 |
Copyright | |
18 other sections not shown