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The Importance of the Demand for Finance

In: Money and Employment

Author

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  • Louise Davidson

Abstract

In his criticism of my finance motive analysis, Horwich (1966) has made an assumption which is fundamentally different from the one underlying my analytical model as well as Keynes’s own writings. Moreover, the Hicksian 1S-LM apparatus is also based on the Keynes-Davidson (hereafter referred to as K-D) assumption.

Suggested Citation

  • Louise Davidson, 1990. "The Importance of the Demand for Finance," Palgrave Macmillan Books, in: Louise Davidson (ed.), Money and Employment, chapter 2, pages 32-40, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-11513-6_3
    DOI: 10.1007/978-1-349-11513-6_3
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