money macroeconomics and keynes essays in honour of victoria chick volume 1 phần 8 pot

... the Phillips 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 recent Leeson ... Ingham and A. Ulph (eds), Demand, Equilibrium and Trade: Essays in Honour of Ivor F. Pearce. London: Macmillan, pp. 237–50. Chick, V. (19 86 ). ‘The Evol...

Ngày tải lên: 09/08/2014, 19:22

... (19 98) . ‘Central Bankers and Uncertainty’, Keynes Lecture in Economics, Oct 29, reprinted in Proceedings of the British Academy, 10 1, 229– 71 (19 99) and in the Bank of England Quarterly Bulletin, ... long rate of interest affects both the demand for money and aggregate demand, so that changes in the quantity of money contain information about this variable ov...

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... to admitting the demand for finance as one of the factors influencing the rate of interest.’ (Keynes 19 37a: 247 /8) . We should keep in mind how Keynes defined finance, as shown above. 12 While ... future. References Chick, V. (19 92). In P. Arestis and S. C. Dow (eds), On Money, Method and Keynes: Selected Essays. New York: St. Martin’s Press. Chick, V. (19 98) . ‘Fin...

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... 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...

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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. ... qualified aggregate profits as the final finance of investment initially financed by credit. I am now convinced of the infelicitous nature of the distinc- tion betwee...

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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). ... Maturity mismatching, finance and funding Financing investment in the context of fundamental uncertainty The problem of maturity mismatching (in the process...

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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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... persistent theme in the work of Victoria Chick (e.g. 19 83 , 2000). 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 ... of interest, falling profitability and rising unemployment in the 19 70s. Inflation has since come down again, real interest rates increased in the e...

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... Journal, 51( 3), 380 –406. Chick, V. (19 83 b). Macroeconomics after Keynes. London: Philip Allen. Chick, V. (19 92). In P. Arestis and S. C. Dow (eds), On Money, Method and Keynes, Selected Essays. ... 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,...

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... 35, 70, 82 , 11 1, 14 2; preference 70, 81 , 87 , 10 6, 14 8, 18 5–9; risk 70; trap 61, 66 LM curve 36, 62, 15 2 loanable funds 81 , 11 1 loans 37, 85 , 88 London 2 08 London Bill of Exchange 2 08 London ... 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...

Ngày tải lên: 09/08/2014, 19:22