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...

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... to admitting the demand for finance as one of the factors influencing the rate of interest.’ (Keynes 19 37a: 24 7/8). We should keep in mind how Keynes defined finance, as shown above. 12 While ... 1. Obtaining a loan before making the investment expenditure. 2. Expenditure of the proceeds of the loan. 3. Establishing the permanent holding of the investment in questio...

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... Theory of Saving, Investment and Interest’, Economies et Societies, 20 (3), 11 1 26 . Chick, V. (19 91) . ‘Hicks and Keynes on Liquidity Preference: A Methodological Approach’, Review of Political ... 309 19 . Chick, V. (19 95). ‘Is there a Case for Post Keynesian Economics?’, Scottish Journal of Political Economy, 42 (1) , 20 –36. Chick, V. (20 00). Money and Effective...

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... from 3.5 71 (15 26 ) to 5. 517 (15 46) to 9. 310 (15 61) , declining then to 6 .28 6 (16 00) but falling back to long-term orders of magnitude (c. 3.5) only by 16 43. In the early stages of the inflation, ... 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...

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... 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 again in balance with the stock of money. ... 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. Lon...

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... and Floods’, in A. Ingham and A. M. Ulph (eds), Demand, Equilibrium and Trade: Essays in Honour of Ivor F. Pearce. London: Macmillan. (Reprinted in Arestis and Dow 19 92: 16 7–80). Chick, V. (19 92) . ... V. (19 92) . ‘The Evolution of the Banking System and the Theory of Saving, Investment and Interest’, in Arestis and Dow (19 92: 19 3 20 5). Dimsky, G. (2...

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... to Ohlin in April 19 37 about Joan Robinson reading the proofs and ‘not discovering any connection’ (Keynes 19 37 [19 73b]: 19 0). Not that Keynes was unappreciative of the writings of Kahn and Joan ... counterparts’. Originally published in 19 73, although early drafts were written by 19 68 (Chick 19 92: 55). A condensed version is reprinted as Paper 5 in Chick (19...

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... profit maximization in atomistic markets 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 ... of interest, falling profitability and rising unemployment in the 19 70s. Inflation has since come down again, real interest rates increased in the early 19 80s a...

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... HAWKINS AND C. TORR 19 2 References Calvo, G. A., 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, ... 25 , 637–67. UNEMPLOYMENT IN A SMALL OPEN ECONOMY 19 1 in what sense the verb ‘cut’ is being employed. In helping generations of students and teach...

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... 16 6 Canada 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, 12 0, 14 2; inadequacy 12 5, 13 2 5; inflation 18 6; losses ... 93, 12 4, 13 6, 19 5; theory of money 45, 91, 94–6; thought 2 Power, E. 5, 10 , 12 practical bankers 21 practitioners 21 , 35 price(s)...

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