Essays on Economic Stability and Growth |
Contents
Introduction | 1 |
Speculation and Economic Stability | 17 |
Keynes Theory of the OwnRates of Interest | 59 |
Copyright | |
12 other sections not shown
Other editions - View all
Common terms and phrases
acceleration principle amount arbitrage assets assumed assumption boom capacity capital accumulation capital intensity capital/output ratio capitalist constant consumption convenience yield current price cyclical demand depends depression depression periods determined elasticity entrepreneurs equal equation equilibrium equipment Essays ex-ante expected price factors fall fluctuations full employment function futures price given Harrod Hawtrey Hence Hicks implies increase industries influence interest rates Keynes Keynesian labour level of activity liquidity liquidity preference long-term rate marginal cost marginal efficiency ment methods of production monetary normal own-rate of own-interest perfect competition period population position Professor Hayek Professor Pigou progress function propensity proportion rate of growth rate of interest rate of investment rate of profit real income real wages reduce regarded relation relatively Ricardo effect rise savings short rate short-period short-term rate speculative stocks stock of capital supply curve technical progress theory tion trade cycle trend variations yield zero