Financial markets, money, and the real world
By: Paul Davidson
Publisher: Edward Elgar; Elgar Publishing, Incorporated, Edward
Published: 2002
Place of publication: Cheltenham, UK; Northampton, MA
Language: eng
Format: [electronic resource] /
Number of pages: 265
ISBN-13: 9781843765585
Subjects: International finance; Liquidity (Economics); Capital market; Electronic books; Money; BUSINESS & ECONOMICS; Finance
Description: In this volume Professor Davidson sums up his major insights into the working of "non-ergodic" (uncertain) economic systems. He develops Keynes's ideas and applies them to the understanding and management of today's globalized economy.
Notes: Includes bibliographical references and index.

Description based on print version record.
Table of contents: title: Cover; Contents; Figures and tables; 1. Keynes, you should be alive today!; 2. Keyne's principle of effective demand; 3. Uncertainty and reality in economic models; 4. Investment: illiquid real capital versus liquid assets; 5. Why liquidity preference?; 6. Financial markets, liquidity and fast exits; 7. Planned investment, planned savings, liquidity and economic growth; 8. Complicating the picture: money and international liquidity; 9. Trade imbalances and international payments; 10. International liquidity and exchange rate stability.