MONEY, MACROECONOMICS AND KEYNES phần 9 ppt
MONEY, MACROECONOMICS AND KEYNES phần 1 potx
... MONEY
19
CONTENTS
viii
10 On a post-Keynesian stream from France and Italy:
the Circuit approach 91
JOSEPH HALEVI AND RÉDOUANE TAOUIL
11 IS–LM and macroeconomics after Keynes 10 3
PETER KRIESLER AND ... MONEY
15
ix
FIGURES
7 .1 Krugman’s liquidity trap 63
15 .1 An aggregate demand and supply diagram in r, Y space 15 2
15 .2 Alternative presentation of aggregate d...
MONEY, MACROECONOMICS AND KEYNES phần 2 potx
... Blackwell.
Chick, V. (19 92) . ‘The Evolution of the Banking System and the Theory of Saving,
Investment and Interest’, in P. Arestis and S. Dow (eds), Chapter 12 in On Money,
Method and Keynes: Selected ... Ml) and money as a store of wealth (corresponding to M2 or
broader monetary aggregate other than Ml). The transactions demand for money
is a demand for narrow money, and...
MONEY, MACROECONOMICS AND KEYNES phần 3 potx
... orthodox macroeconomics, based on
KEYNES, MONEY AND MODERN MACROECONOMICS
65
7
KEYNES, MONEY AND MODERN
MACROECONOMICS
Colin Rogers
1. Introduction
In a recent review of developments in macroeconomics ... the Chang dynasty (2000– 130 0
BC), in the Mycenian civilization (Greece,
2000– 130 0
BC), in Egypt at the time of the old Empire (2100– 130 0 BC), and
in the Mexican and...
MONEY, MACROECONOMICS AND KEYNES phần 4 potx
... Innovation and the Post Keynesian Approach to “The
Process of Capital Formation” ’, Journal of Post Keynesian Economics, Spring, 19(3),
46 1–87.
Chick, V. (1992). On Money, Method and Keynes. London: ... decisions to
invest.’ (Keynes 1937a: 247 , my emphases).
4 The Keynesian sense of liquidity employed in this discussion refers to the relation
between aggregate supply of and dem...
MONEY, MACROECONOMICS AND KEYNES phần 5 pot
... Keynes and the classics and stated that
the equation embodying the consumption function and the multiplier ‘is a mere
simplification and ultimately insignificant’ (1937: 152 ). On the other hand,
Harrod ... 1977: 55 ). Chick is also dismissive of the implied
separation of fiscal and monetary policy within the IS–LM framework, arguing that
IS–LM AND MACROECONOMICS AFTER KEYNE...
MONEY, MACROECONOMICS AND KEYNES phần 6 docx
... imply
that
6
(24)
and
. (25)
Substituting (20) and (25) into (23), we get
( 26)
and
. (27)
Equations ( 26) and (27) capture the short-run determination of employment and
output by aggregate demand. An ... aggregate demand and supply matched and expectations were ful-
filled.
In telling this story, both Keynes and Vicky distinguished between two versions
or, rather, two con...
MONEY, MACROECONOMICS AND KEYNES phần 7 docx
... as the choice between ‘hoarding’ and ‘investing’,
or, alternatively, as the choice between ‘bank deposits’ and ‘securities’.
(Keynes 1930a: 141 [1 971 b: 1 27] )
And he adds in a footnote:
It is ... However, by the 1 970 s
the P, Y version of aggregate demand and supply had become firmly entrenched
in the intermediate level textbooks, for example in Dornbusch and Fischer (1 978 :...
MONEY, MACROECONOMICS AND KEYNES phần 8 doc
... J. (1 988 a). Horizontalists and Verticalists. Cambridge: Cambridge University
Press.
Moore, B. J. (1 988 b). Keynes s Treatment of Interest’, in J. Smithin and O. F. Hamouda
(eds), Keynes and Public ... George Allen and Unwin.
SOME MYTHS ABOUT PHILLIPS’S CURVE
171
Chick, V. (1 983 ). Macroeconomics after Keynes. Cambridge, Massachusetts: MIT Press.
Chick, V. (1 984 ). ‘Monetary...
MONEY, MACROECONOMICS AND KEYNES phần 9 ppt
... Philip Allen.
Chick, V. ( 199 2). In P. Arestis and S. C. Dow (eds), On Money, Method and Keynes,
Selected Essays. Houndmills: Macmillan.
Davidson, P. ( 198 2). International Money and the Real World. ... C. ( 199 3). Money and the Economic Process. Aldershot: Elgar.
Dow, S. C. ( 199 9). ‘The Stages of Banking Development and the Spatial Evolution of
Financial Systems’, in R. Ma...
MONEY, MACROECONOMICS AND KEYNES phần 10 docx
... Elgar.
(ii) Articles and Contributions to books
Keynes and the Post-Keynesians: A Survey and Evaluation’, for the Kent Keynes
Conference, November. To be published in Keynes and the Post-Keynesians, ... Equilibrium and their Relevance to
Understanding Keynes , in S. Nisticò and D. Tosato (eds), Competing Economic
Theories. Routledge.
(with Sheila Dow) ‘Formalism, Logic and...
money macroeconomics and keynes essays in honour of victoria chick volume 1 phần 1 docx
... present in the outburst of complaints about usury and
excessive interest rates from the 15 60s onward. A usury bill prohibiting interest
in excess of 10 per cent was introduced in 15 71 and cases of ... from 3.5 71 (15 26) to
5. 517 (15 46) to 9. 310 (15 61) , declining then to 6.286 (16 00) but falling back to
long-term orders of magnitude (c. 3.5) only by 16 43. In...
money macroeconomics and keynes essays in honour of victoria chick volume 1 phần 2 pot
... 99, 29 3–346.
Goodhart, C. (19 98). ‘Central Bankers and Uncertainty’, Keynes Lecture in Economics,
Oct 29 , reprinted in Proceedings of the British Academy, 10 1, 22 9– 71 (19 99) and in the
Bank of ... Press.
Chick, V. (19 73). The Theory of Monetary Policy, revised edn. Oxford: Basil Blackwell.
Chick, V. (19 92) . ‘The Evolution of the Banking System and the Th...
money macroeconomics and keynes essays in honour of victoria chick volume 1 phần 3 doc
... Money and the Demand for
Deposits: A Reply’, Cambridge Journal of Economics, 23, 11 5 19 .
Bank of England (19 99). Economic Models at the Bank of England. London: Bank of
England.
Chick, V. (19 73) . ... stock of money
in excess of the demand for money leads to the bidding up of prices as the ‘excess’
money is spent, continuing until the demand for money is agai...
money macroeconomics and keynes essays in honour of victoria chick volume 1 phần 9 ppsx
... Liederman, L. and Reinhart, C. M. ( 19 96 ). ‘Inflows of Capital to Developing
Countries in the 19 90 ’s’, Journal of Economic Perspectives, 10 (2), 12 3– 39.
Carvalho, F. ( 19 95 /6). ‘The Independence of Central ... ( 19 82). International Money and the Real World. London: Macmillan.
Dow, S. C. ( 19 93 ). Money and the Economic Process. Aldershot: Elgar.
Dow, S. C....
money macroeconomics and keynes essays in honour of victoria chick volume 1 phần 10 pptx
... A. P. 16 8, 18 4
thrift 58, 64, 83
Tietmeyer, H. 208, 210
tight money 10 , 15 7
tin 10
Tobin, James 11 7
Tobin’s q 64, 16 3
Torr, Christopher 11 7
Townshend, Hugh 12 0
trade unions 16 8
transfers 12 7
transition ... 30, 32
capacity 17 6, 17 8
capital 12 5, 14 7, 17 4; accumulation 12 5,
17 8; flight 18 7, 18 9; flows 74–5, 15 9,
18 7–9; gain 70; goods 95, 10 4,...