IDEAS home Printed from https://ideas.repec.org/a/lpe/efijnl/198420.html
   My bibliography  Save this article

Sejarah Pemikiran Ekonomi Teori Bunga

Author

Listed:
  • Insukindro

Abstract

A historical review on existing interest theories distinguishes three categories of approaches. Firstly, the non-monetary theories assert that the rate of interest is determined by the rate of investment return. Money is considered to be neutral. Through Wicsteed's marginal productivity theory and Bonm Bawerk's present preference for goods over the future's. Fisher develops the concept of marginal rate of return over cost for the expected rate of investment return. Secondly, the monetary theories declare that the flow of funds in the money and capital market affect the interest rate. There is an interconnection between preference for liquidity driven by speculative motives and the present & future rate of interest. Thirdly, the Post-Keynesian theory represented by Hicks uses the simultaneous equilibrium analysis between the money & capital market and the market as well as the market for goods, will occur simultaneously at a certain income and a certain rate of interest.

Suggested Citation

  • Insukindro, 1984. "Sejarah Pemikiran Ekonomi Teori Bunga," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 32, pages 481-496, Desember.
  • Handle: RePEc:lpe:efijnl:198420
    as

    Download full text from publisher

    File URL: http://www.lpem.org/repec/lpe/efijnl/198420.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ekonomi; teori; bunga; modal; upah;
    All these keywords.

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:lpe:efijnl:198420. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Muhammad Halley Yudhistira (email available below). General contact details of provider: https://edirc.repec.org/data/feuinid.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.