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The Post-Keynesian "Demand for Credit' Model"

Author

Listed:
  • Gillian Hewitson

    (School of Economics, La Trobe University)

Abstract

This paper presents a critique of the commonly-cited post-Keynesian "demand for credit" model, which tests the hypothesis that bank lending to business is driven by the working capital needs of firms, and which has appeared to support the contention that the money supply is endogenously determined in Great Britain, South Africa, and the United States.

Suggested Citation

  • Gillian Hewitson, 1996. "The Post-Keynesian "Demand for Credit' Model"," Working Papers 1996.18, School of Economics, La Trobe University.
    • Handle: RePEc:trb:wpaper:1996.18
    as

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    Agriculture. Environmental Management;

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