Keynes on monetary policy, finance and uncertainty: liquidity preference theory and the global financial crisis

By:

Bibow, Jorg

Material type: Text

TextSeries: Routledge studies in the history of economicsPublication details: 2009 Routledge LondonDescription: 249 pISBN:

9780415616478

Subject(s):

DDC classification:

339.5 B4K3

Summary: This book provides a reassessment of Keynes' theory of liquidity preference. It argues that the failure of the Keynesian revolution to be made in either theory or practice owes importantly to the fact that the role of liquidity preference theory as a pivotal element in Keynes' General Theory has remained underexplored and indeed widely misunderstood even among Keynes' followers and until today. The book elaborates on and extends Keynes' conceptual framework, moving it from the closed economy to the global economy context, and applies liquidity preference theory to current events and prominent hypotheses in global finance. (http://www.routledge.com/books/details/9780415616478/)

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Holdings
Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Book	Ahmedabad	339.5 B4K3 (Browse shelf(Opens below))	Available		173323

Total holds: 0

This book provides a reassessment of Keynes' theory of liquidity preference. It argues that the failure of the Keynesian revolution to be made in either theory or practice owes importantly to the fact that the role of liquidity preference theory as a pivotal element in Keynes' General Theory has remained underexplored and indeed widely misunderstood even among Keynes' followers and until today. The book elaborates on and extends Keynes' conceptual framework, moving it from the closed economy to the global economy context, and applies liquidity preference theory to current events and prominent hypotheses in global finance. (http://www.routledge.com/books/details/9780415616478/)

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