This paper first indicates that saving equals to the liquidity preference plus the supply of loanable funds and the liquidity preference is just opposite to the supply of loanable funds. Meanwhile, the paper proposes a new model in which interest rate is determined by the investment demand curve...

In this substantial new collection, esteemed Post-Keynesian scholars reassess the relevance of Keynes’s The General Theory to a broad array of topic areas, ranging from the environment, investment finance, exchange rates, and socialism, as well as inquiries into general Post-Keynesian theory.

The dissension on the mechanism of determination of interest rate is always in the center of much confusion and many controversies of monetary economics. Keynes’s liquidity preference theory remains at the core of the center. This paper starts off with analyzing the inherent logic of liquidity...

The dissension on the mechanism of determination of interest rate is always in the center of much confusion and many controversies of monetary economics. Keynes's liquidity preference theory remains at the core of the center. This paper starts off with analyzing the inherent logic of liquidity...

The dissension on the mechanism of determination of interest rate is always in the center of much confusion and many controversies of monetary economics. Keynes's liquidity preference theory remains at the core of the center. This paper starts off with analyzing the inherent logic of liquidity...

More than 20 soil samples were collected from tea gardens of specialized tea towns in Guangdong, including Fenglang Town and Fengshun Town in Meizhou City, Changshan Town in Lianjiang City, Fenghuang Town in Chaozhou City. Content of 6 types of heavy metal (Cr, Cu, Pb, As, Cd, Hg) in tea garden...

In the present paper we investigate the precise large deviations for heavy-tailed random sums. First, we obtain a result which improves the relative result in Klüppelberg and Mikosch (J. Appl. Probab. 34 (1997) 293). Then we introduce a more realistic risk model than classical ones, named the...