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Theory of liquidity preference addresses how stakeholders value cash relative to receiving interest. It stresses the connection between rates and supply and demand.
Patrick Bolton, Ernst-Ludwig von Thadden, Liquidity and Control: A Dynamic Theory of Corporate Ownership Structure, Journal of Institutional and Theoretical Economics (JITE) / Zeitschrift für die ...
This paper seeks to bolster the view that Keynes was a monetary economist concerned primarily with monetary and not fiscal policy. His most fundamental policy conclusion for national economies was ...