Book Chapter

Liquidity Preference in International Finance: The Case of Developing Countries

Details

Citation

Dow S (1995) Liquidity Preference in International Finance: The Case of Developing Countries. In: Wells P (ed.) Post-Keynesian Economic Theory. Recent Economic Thought Series, 45. Dordrecht: Kluwer Academic Press, pp. 1-15. http://link.springer.com/chapter/10.1007/978-1-4615-2331-4_1#

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
Title of seriesRecent Economic Thought Series
Number in series45
Publication date31/12/1995
URLhttp://hdl.handle.net/1893/26297
PublisherKluwer Academic Press
Publisher URLhttp://link.springer.com/…1-4615-2331-4_1#
Place of publicationDordrecht
ISSN of series0924-199X
ISBN978-1-4613-5987-6

People (1)

People

Professor Sheila Dow

Professor Sheila Dow

Emeritus Professor, Economics