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Persistent link: https://www.econbiz.de/10011484057
We present a simple stock-flow consistent (SFC) model to discuss some recent claims made by Angel Asensio in the Journal of Post Keynesian Economics regarding the relationship between endogenous money theory and the liquidity preference theory of the rate of interest. We incorporate Asensio's...
Persistent link: https://www.econbiz.de/10012917133
We present a simple stock-ow consistent (SFC) model to discuss some recent claims made by Angel Asensio in the Journal of Post Keynesian Economics regarding the relationship between endogenous money theory and the liquidity preference theory of the rate of interest. We incorporate Asensio's...
Persistent link: https://www.econbiz.de/10011924796
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