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

Author

Listed:
  • 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.

Suggested Citation

  • Marco Crocco & Anderson Cavalcante & Cláudio Barra, 2003. "Money and Space: the behaviour of liquidity preference of banks and public in a peripheral country," Textos para Discussão Cedeplar-UFMG td196, Cedeplar, Universidade Federal de Minas Gerais.
    • Handle: RePEc:cdp:texdis:td196
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    File URL: https://www.cedeplar.ufmg.br/pesquisas/td/TD%20196.pdf
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    References listed on IDEAS

    as
    1. Sheila C. Dow & John Hillard (ed.), 1995. "Keynes, Knowledge And Uncertainty," Books, Edward Elgar Publishing, number 148.
    2. Kaldor, Nicholas, 1970. "The Case for Regional Policies," Scottish Journal of Political Economy, Scottish Economic Society, vol. 17(3), pages 337-348, November.
    3. Faini, Riccardo & Giannini, Curzio & Ingrosso, Fulvio, 1992. "Finance and Development: The Case of Southern Italy," CEPR Discussion Papers 674, C.E.P.R. Discussion Papers.
    4. Sheila C. Dow, 1993. "Money And The Economic Process," Books, Edward Elgar Publishing, number 147.
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    Keywords

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    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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