Keynes' Inactive Balances, the Banking Sector and Effective Demand
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KeywordsKeynes; fractional reserve banking; capital stock; time and savings deposits; inactive balances;
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2002-09-21 (All new papers)
- NEP-CBA-2002-09-21 (Central Banking)
- NEP-HPE-2002-09-21 (History & Philosophy of Economics)
- NEP-PKE-2002-09-21 (Post Keynesian Economics)
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