money macroeconomics and keynes essays in honour of victoria chick volume 1 phần 2 pot

... 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 MethodologicalApproach’, 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 Demand’, in J. Smithin (ed.), ... machine!3 This point was made clear in the 19 78 volume of essays in honour of the memory of A. W. H. Phillips (Bergstrom et al. 19 78) but is made even more forcibly in the recentLeeson (ed) (20 00)...

... from 3.5 71 (15 26 ) to5. 517 (15 46) to 9. 310 (15 61) , declining then to 6 .28 6 (16 00) but falling back tolong-term orders of magnitude (c. 3.5) only by 16 43. In the early stages of theinflation, ... 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 ... 25 (1) , 13 7– 51. Outhwaite, R. B. (19 82) . Inflation in Tudor and Early Stuart England. Basingstoke:Macmillan, 2e.Phelps-Brown, E. H. and Hopkins, S. V. (19 56). ‘Seven Centuries of the Price of Consumables...

... 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 thestock of money. ... Money and the Demand forDeposits: 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). ... qualified aggregate profits as the final finance of investment initiallyfinanced by credit. I am now convinced of the infelicitous nature of the distinc-tion between initial and final finance. There...

... 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. (20 00). The Bank Merger Wave. New York and London: ... outgo-ings in respect of an impending new activity.(CWJMK 14 : 22 9)3. The finance motive to demand money and the revolving fund of financeFor whatever reasons, Robertson’s meaning of finance...

... to Ohlin in April 19 37 aboutJoan 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, althoughearly drafts were written by 19 68 (Chick 19 92: 55). A condensed version is reprintedas Paper 5 in Chick (19 92) . 11 Chick in correspondence ... Elgar.Marris, R. (19 97). ‘Yes, Mrs Robinson! The General Theory and Imperfect Competition’, in Harcourt and Riach, Vol. 1 (19 97: 52 82) .Robinson, J. (19 78). Keynes and Ricardo’, Journal of Post Keynesian...

... profit maximization in atomistic markets implythat6 (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 interestrates increased in the early 19 80s and have remained positive, profitability ... persistent theme in thework of Victoria Chick (e.g. 19 83, 20 00). For example, there is a definitive expo-sition of Keynes s (19 36) use of demand and supply analysis in Chick (19 83: 62 81) . The author...

... HAWKINS AND C. TORR 19 2 ReferencesCalvo, G. A., Liederman, L. and Reinhart, C. M. (19 96). ‘Inflows of Capital to DevelopingCountries 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 teachers to understand the meaning of the General Theory, Chick (19 83b) ... devastating effects on local investment and hence development and growth in these economies (Rodriguez 19 87: 14 1 2) .The preference of domestic investors for international assets is likely to continue...