Money, Distribution Conflict and Capital Accumulation: Contributions to 'Monetary Analysis'This book demonstrates that 'monetary analysis', as contained in Post-Keynesian monetary theories, but also in the Neo-Ricardian monetary theory of distribution and in Marx's monetary analysis, can be integrated into Post-Keynesian models of distribution of growth in a convincing way. |
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Page 46
Contributions to 'Monetary Analysis' Eckhard Hein. quadrant we find the interest rate inverse loan demand curve ( LD ) ... base rate [ İB = ( 1 + MB ) İCB ] . The mark - up ( mg ) is determined by commercial banks ' risk and liquidity ...
Contributions to 'Monetary Analysis' Eckhard Hein. quadrant we find the interest rate inverse loan demand curve ( LD ) ... base rate [ İB = ( 1 + MB ) İCB ] . The mark - up ( mg ) is determined by commercial banks ' risk and liquidity ...
Page 52
Contributions to 'Monetary Analysis' Eckhard Hein. rate of interest , and the loan rate of interest will have to rise ... base rate , that is an upward shift in the central bank's horizontal supply curve of reserves . Summing up so far ...
Contributions to 'Monetary Analysis' Eckhard Hein. rate of interest , and the loan rate of interest will have to rise ... base rate , that is an upward shift in the central bank's horizontal supply curve of reserves . Summing up so far ...
Page 72
... model we have therefore three interest rates : the central bank's base rate ( ic ) , the interest rate for short - term credit ( i ) , and the long - term 72 Interest Rate , Distribution and Capital Accumulation – Post - Keynesian Models.
... model we have therefore three interest rates : the central bank's base rate ( ic ) , the interest rate for short - term credit ( i ) , and the long - term 72 Interest Rate , Distribution and Capital Accumulation – Post - Keynesian Models.
Contents
Money Distribution Conflict and Capital | 1 |
Banking School | 13 |
Keyness Monetary Theory of Production and | 30 |
Copyright | |
12 other sections not shown
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Money, Distribution Conflict and Capital Accumulation: Contributions to ... E. Hein Limited preview - 2007 |
Common terms and phrases
assumed base rate Bhaduri/Marglin model capacity utilization capital accumulation capital stock capitalist central bank central bank money chapter circulation commercial banks commodity credit money debt determined distribution and growth distribution conflict Edward Elgar effective demand effects of interest employment equation equilibrium debt-capital ratio finance firms GERCU GERE growth models hence increasing inflation rates interest rate variations internal funds investment function Journal of Economics Kaldor Kalecki Kaleckian models Keynes Keynes's Keynesian Lavoie liquidity preference long-run equilibrium long-term macroeconomic Marx Michal Kalecki monetary analysis monetary circuit monetary policy interventions monetary theory monetary variables NAIRU Neo-Ricardian nominal wages normal rate output Post-Keynesian production profit of enterprise profit rate profit share propensity to save rate of capacity rate of interest rate of profit real analysis real interest rate real wage rate rentiers Rowthorn-Dutt-Amadeo model Say's law short-run SIRCU SIRE stable target real wage theory of money wage bargaining wage-led
References to this book
Finance-led Capitalism?: Macroeconomic Effects of Changes in the Financial ... Eckhard Hein No preview available - 2008 |