Research output

Chapter (in Edited Book) ()

Liquidity Preference in International Finance: The Case of Developing Countries

Citation
Dow S (1995) Liquidity Preference in International Finance: The Case of Developing Countries. In: Wells PJ (ed.). Post-Keynesian Economic Theory. Recent Economic Thought Series, 45, Dordrecht: Kluwer Academic Press, pp. 1-15.

Abstract
Keynes's monetary theory isbased on the view that money is fundamentally nonneutral. Money is an institution integral to the capitalist process, and monetary developments are part of the process that determines output and employment. Keynes's theory has been developed to apply to modern conditions by Post-Keynesian monetary theory (see Davidson, 1972; Minsky 1985; and Wray, 1990).

StatusPublished
EditorWells PJ
AuthorsDow Sheila
Title of seriesRecent Economic Thought Series
Number in series45
Publication date1995
URLhttp://link.springer.com/…1-4615-2331-4_1#
PublisherKluwer Academic Press
Place of publicationDordrecht
ISSN of series 0924-199X
ISBN 978-1-4613-5987-6
LanguageEnglish
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