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Mr. Keynes and the post Keynesians : principles of macroeconomics for a monetary production economy
Attempts to establish the methodological connections between Keynes's uncertainty concept and the evolving post-Keynesian literature. It also considers why the Hicksian ISLM "Keynesian" approach went
New competitive strategies of foreign banks in large emerging economies: the case of Brazil
Financial relations have been deeply transformed in the 1980s and 1990s by deregulation and liberalization. Among the most affected by these changes has been the banking system. Domestic banks have
The Recent Expansion of Foreign Banks in Brazil: First Results
Current empirical literature concerning the activities of foreign banks exhibits some degree of consensus around the thesis that foreign banks are less efficient than domestic banks in the case of
Liquidity Preference and Monetary Economies
Introduction Chapter 1: Monetary Economies Part 1 Money and Uncertainty Chapter 2: Uncertainty and Liquidity Preference Chapter 3: Liquidity Premium, Liquidity Risk and Liquidity Preference Part 2
On the nature and role of financial systems in Keynes’s entrepreneurial economies
ABSTRACTIn his debate with Bertil Ohlin, Keynes observed that entrepreneurs, when deciding to invest, have to be sure they will access the amount of finance necessary to initiate the investment
Is this 'it'? An outline of a theory of depressions
The crisis initiated in the United States in 2007, and spread worldwide in 2008, has been compared to the Great Depression of the 1930s. They have in common a deep fall in the level of activity
Alternative analyses of short and long run in Post Keynesian economics
It has been frequently noted that Post Keynesian economics is distinguished "by a dislike of orthodox or neoclassical economics" (Harcourt, 1982) rather than by coherence or agreement of fundamentals
Banking in Latin America
This chapter offers a unique portrayal of the evolution of banking in Latin America. We contextualize our analysis by providing a detailed assessment of how financial policy has evolved across the
Aggregate savings, finance and investment
Among the areas in which the Keynesian revolution has been more unsuccessful in changing orthodox views, the relationship between savings and investment must certainly be the best known. Even today,