Banking and credit: the post-Keynesian approach to liquidity preference
DOI:
https://doi.org/10.5380/re.v32i2.7729Keywords:
bancos, preferência pela liquidez, crédito, teoria pós-keyanesiana, banks, liquidity preference, credit, post-Keynesian economicsAbstract
The essay presents the theory of banks liquidity preference as
developed by post-Keynesian economists. It starts by using Keynes´ ideas on the subject and adds the contribution of post-Keynesian economists. The essay closes with a discussion of the implications this approach will draw on banks strategies and on the volume of credit.
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