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 22
... monetarist , on the grounds that it relies on a representation of the demand for money function which is generally accepted by monetary theorists . Indeed , no alternative approach emerged until Davidson ( 1982 ) , 1 so that some form ...
... monetarist theory of the business cycle is presented briefly , first for a closed economy , then for an open economy . The Keynesian theory is set out for a closed ... monetarist and global monetarist theory of money and the business cycle.
... monetarist theory as applied to small open economies . This was understandable , given the conventional assumption of Keynesian regional economics that the supply of funds to a region is perfectly elastic at a nationally - determined ...
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