On exogenous money and bank behaviour: the Pandora's box kept shut in Keynes' theory of liquidity preference?
Author
Abstract
Suggested Citation
DOI: 10.1080/09672560050210106
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Lavoie, Marc, 1996.
"Horizontalism, Structuralism, Liquidity Preference and the Principle of Increasing Risk,"
Scottish Journal of Political Economy, Scottish Economic Society, vol. 43(3), pages 275-300, August.
- Lavoie, M, 1995. "Horizontalism, Structuralism, Liquidity Preference and the Principle of Increasing Risk," Working Papers 9513e, University of Ottawa, Department of Economics.
- Bibow, Jorg, 2001. "The Loanable Funds Fallacy: Exercises in the Analysis of Disequilibrium," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 25(5), pages 591-616, September.
- Dow, Sheila C, 1996.
"Horizontalism: A Critique,"
Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 20(4), pages 497-508, July.
- Sheila C Dow, 1993. "Horizontalism: A Critique," Working Papers Series 93/8, University of Stirling, Division of Economics.
- J. M. Keynes, 1937. "The General Theory of Employment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 51(2), pages 209-223.
- Jörg Bibow, 2000. "The Loanable Funds Fallacy in Retrospect," History of Political Economy, Duke University Press, vol. 32(4), pages 789-832, Winter.
- Gary A. Dymski, 1988. "A Keynesian Theory of Bank Behavior," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 10(4), pages 499-526, July.
- Alan Greenspan, 2005. "Chairman's remarks," Review, Federal Reserve Bank of St. Louis, vol. 87(Mar), pages 137-138.
- Bibow, Jorg, 1998. "On Keynesian Theories of Liquidity Preference," The Manchester School of Economic & Social Studies, University of Manchester, vol. 66(2), pages 238-273, March.
- Cottrell, Allin, 1994. "Post-Keynesian Monetary Economics," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 18(6), pages 587-605, December.
- L. R. Wray, 1990. "Money and Credit in Capitalist Economies," Books, Edward Elgar Publishing, number 474.
- Bruce Greenwald & Joseph E. Stiglitz, 1993. "New and Old Keynesians," Journal of Economic Perspectives, American Economic Association, vol. 7(1), pages 23-44, Winter.
- Milton Friedman & Anna J. Schwartz, 1982. "Monetary Trends in the United States and United Kingdom: Their Relation to Income, Prices, and Interest Rates, 1867–1975," NBER Books, National Bureau of Economic Research, Inc, number frie82-2.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Jorg Bibow, "undated".
"Easy Money Through The Back Door: The Markets Vs. The ECB,"
Economics Public Policy Brief Archive
ppb_65, Levy Economics Institute.
- Jorg Bibow, 2001. "Easy Money through the Back Door: The Markets vs. the ECB," Economics Working Paper Archive wp_323, Levy Economics Institute.
- Jörg Bibow, 2001. "Easy Money through the Back Door: The Markets vs. the ECB," Macroeconomics 0103004, University Library of Munich, Germany.
- Joerg Bibow, 2005.
"Liquidity Preference Theory Revisited—To Ditch or to Build on It?,"
Method and Hist of Econ Thought
0508003, University Library of Munich, Germany.
- Jorg Bibow, 2005. "Liquidity Preference Theory Revisited: To Ditch or to Build on It?," Economics Working Paper Archive wp_427, Levy Economics Institute.
- Jorg Bibow, 2002.
"The Monetary Policies of the European Central Bank and the Euro's (Mal-)Performance: A stability-oriented assessment,"
International Review of Applied Economics, Taylor & Francis Journals, vol. 16(1), pages 31-50.
- Jörg Bibow, 2001. "The Monetary Policies of the European Central Bank and the Euro's (Mal)Performance: A Stability-Oriented Assessment," Macroeconomics 0109004, University Library of Munich, Germany.
- Jorg Bibow, 2001. "The Monetary Policies of the European Central Bank and the Euro's (Mal)Performance: A Stability-Oriented Assessment," Economics Working Paper Archive wp_338, Levy Economics Institute.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Joerg Bibow, 2005.
"Liquidity Preference Theory Revisited—To Ditch or to Build on It?,"
Method and Hist of Econ Thought
0508003, University Library of Munich, Germany.
- Jorg Bibow, 2005. "Liquidity Preference Theory Revisited: To Ditch or to Build on It?," Economics Working Paper Archive wp_427, Levy Economics Institute.
- Korkut Erturk, 2005.
"Speculation, Liquidity Preference and Monetary Circulation,"
Working Paper Series, Department of Economics, University of Utah
2005_12, University of Utah, Department of Economics.
- Korkut A. Erturk, 2006. "Speculation, Liquidity Preference, and Monetary Circulation," Economics Working Paper Archive wp_435, Levy Economics Institute.
- Eckhard Hein, 2006. "Money, interest and capital accumulationin Karl Marx's economics: a monetary interpretation and some similaritiesto post-Keynesian approaches," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 13(1), pages 113-140.
- Hein, Eckhard, 2010.
"The rate of interest as a macroeconomic distribution parameter: Horizontalism and Post-Keynesian models of distribution of growth,"
MPRA Paper
23372, University Library of Munich, Germany.
- Hein, Eckhard, 2010. "The rate of interest as a macroeconomic distribution parameter: Horizontalism and Post-Keynesian models of distribution of growth," IPE Working Papers 07/2010, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Hein, Eckhard, 2002. "Money, interest, and capital accumulation in Karl Marx's economics: A monetary interpretation," WSI Working Papers 102, The Institute of Economic and Social Research (WSI), Hans Böckler Foundation.
- Bill Lucarelli, 2011. "The Economics of Financial Turbulence," Books, Edward Elgar Publishing, number 14252.
- Giuseppe Fontana & Ezio Venturino, 2003. "Endogenous Money: An Analytical Approach," Scottish Journal of Political Economy, Scottish Economic Society, vol. 50(4), pages 398-416, September.
- Korkut A. Erturk, 2006.
"Asset Price Bubbles, Liquidity Preference And The Business Cycle,"
Metroeconomica, Wiley Blackwell, vol. 57(2), pages 239-256, May.
- Korkut Erturk, 2003. "Asset Price Bubbles, Liquidity Preference and the Business Cycle," Working Paper Series, Department of Economics, University of Utah 2003_09, University of Utah, Department of Economics.
- Mark Setterfield, 2014. "An essay on horizontalism, structuralism and historical time," Working Papers 1402, Trinity College, Department of Economics.
- Duccio Cavalieri, 2004.
"On Some Equilibrium and Disequilibrium Theories of Endogenous Money: A Structuralist View,"
History of Economic Ideas, Fabrizio Serra Editore, Pisa - Roma, vol. 12(3), pages 51-83.
- Cavalieri, Duccio, 2004. "On Some Equilibrium and Disequilibrium Theories of Endogenous Money: A Structuralist View," MPRA Paper 43738, University Library of Munich, Germany.
- James Culham & John E. King, 2013. "Horizontalists and Verticalists after 25 years," Review of Keynesian Economics, Edward Elgar Publishing, vol. 1(4), pages 391—405-3, October.
- Hein, Eckhard, 1999. "Interest Rates, Income Shares, and Investment in a Kaleckian Model," MPRA Paper 18607, University Library of Munich, Germany.
- Alfonso Palacio Vera, 2008. "Money wage rigidity, monopoly power and hysteresis," Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales 08-02, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales.
- Hein, Eckhard, 2004. "Money, credit and the interest rate in Marx's economic. On the similarities of Marx's monetary analysis to Post-Keynesian economics," MPRA Paper 18608, University Library of Munich, Germany.
- Matteo Deleidi, 2019. "Endogenous money theory: horizontalists, structuralists and the credit market," Bulletin of Political Economy, Bulletin of Political Economy, vol. 13(1), pages 21-53, June.
- Eckhard Hein, 2007.
"Interest Rate, Debt, Distribution And Capital Accumulation In A Post‐Kaleckian Model,"
Metroeconomica, Wiley Blackwell, vol. 58(2), pages 310-339, May.
- Eckhard Hein, 2004. "Interest rate, debt, distribution and capital accumulation in a post-Kaleckian model," Macroeconomics 0412005, University Library of Munich, Germany.
- Hein, Eckhard, 2004. "Interest rate, debt, distribution and capital accumulation in a post-Kaleckian model," WSI Working Papers 133, The Institute of Economic and Social Research (WSI), Hans Böckler Foundation.
- Phil Armstrong, 2020. "Can Heterodox Economics Make a Difference?," Books, Edward Elgar Publishing, number 19964.
- Alfonso Palacio Vera, 2008. "The "New consensus"and the Post-Keynesian approach to the analysis of liquidity traps," Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales 08-03, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales.
- Zouache, Abdallah, 2003. "Coordination et chômage involontaire : de Keynes aux nouveaux keynésiens," L'Actualité Economique, Société Canadienne de Science Economique, vol. 79(1), pages 179-195, Mars-Juin.
- Alberto ZAZZARO, 2002. "How Heterodox is the Heterodoxy of the Monetary Circuit Theory? The Nature of Money and the Microeconomy of the Circuit," Working Papers 163, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
More about this item
Keywords
Keynes Exogenous/ENDOGENOUS Money Bank Behaviour Liquidity Preference Rate Of Interest;Statistics
Access and download statisticsCorrections
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:taf:eujhet:v:7:y:2000:i:4:p:532-568. 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.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/REJH20 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.