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market for money and the market for credit

- Theory, evidence and implications for Dutch monetary policy

af P. Korteweg, P.D. van Loo
market for money and the market for credit af P. Korteweg
Bag om market for money and the market for credit

In most Keynesian-type macroeconomic models the financial sector is modelled in terms of money demand, money supply and money market equilibrium. Market equations for existing physical capital, or shares in capital, are absent from these models on the tacit assumption that physical capital cannot be traded and, consequently, has no market price.

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9789020706857
  • Indbinding:
  • Paperback
  • Sideantal:
  • 106
  • Udgivet:
  • 31. juli 1977
  • Udgave:
  • 11977
  • Størrelse:
  • 229x152x7 mm.
  • Vægt:
  • 370 g.
  • 8-11 hverdage.
  • 27. november 2024

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In most Keynesian-type macroeconomic models the financial sector is modelled in terms of money demand, money supply and money market equilibrium. Market equations for existing physical capital, or shares in capital, are absent from these models on the tacit assumption that physical capital cannot be traded and, consequently, has no market price.

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