The Post-Keynesian "Demand for Credit' Model"
AbstractThis 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.
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Bibliographic InfoPaper provided by School of Economics, La Trobe University in its series Working Papers with number 1996.18.
Length: 31 pages
Date of creation: 1996
Date of revision:
Agriculture. Environmental Management;
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