LIQUIDITY PREFERENCE AND LOANABLE FUNDS THEORIES, MULTIPLIER AND VELOCITY ANALYSES: A SYNTHESIS.

The great polemics of thirties between proponents of liquidity preference and loanable funds theories of interest have flared up again recently. Nevertheless, no general agreement seems to have been reached on the two main issues namely similarity in two theories and if they are not similar than whi...

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Publicado en:American Economic Review Vol. 46; no. 4; pp. 539 - 565
Autor principal: Tsiang, S. C.
Formato: Artículo
Publicado: American Economic Association Sep56
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Acceso en línea:Ver este registro en EBSCOhost