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Money and Space: the behaviour of liquidity preference of banks and public in a peripheral country

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  • Marco Crocco

    ()

  • Anderson Cavalcante

    ()

  • Cláudio Barra

Abstract

This paper aims at analyzing the role of several monetary variables in the development of different regions based on particular understandings of what a region is and the money functions in capitalist economies. The concepts of central place and economic poles are used to characterize the Brazilian regions. The concept of liquidity preference is used to analyze the effect of money behaviour on the regional economic performance. The analysis of data is accomplished by using the principal component analysis and the cluster analysis.

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File URL: http://www.cedeplar.ufmg.br/pesquisas/td/TD%20196.pdf
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Bibliographic Info

Paper provided by Cedeplar, Universidade Federal de Minas Gerais in its series Textos para Discussão Cedeplar-UFMG with number td196.

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Length: 30 pages
Date of creation: May 2003
Date of revision:
Handle: RePEc:cdp:texdis:td196

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Related research

Keywords: regional economics; financial system; money; liquidity preference; Brazil;

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  1. Faini, R. & Galli, G. & Giannini, C., 1992. "Finance and Development : the Case of Southern Italy," Papers 170, Banca Italia - Servizio di Studi.
  2. Kaldor, Nicholas, 1970. "The Case for Regional Policies," Scottish Journal of Political Economy, Scottish Economic Society, vol. 17(3), pages 337-48, November.
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