The Constrained Sectors: II. Non-financial Companies

Graeme S. Dorrance

Chapter 6 in National Monetary and Financial Analysis, 1978, pp 78-91 from Palgrave Macmillan

Abstract: Abstract The producer sectors comprise those units that produce direct utility in the form of goods 1 and services, and those that provide direct utility in the form of financial assets. In one sense, assets are essential to the continued operation of the first group, while liabilities are incurred only in order to maintain the desired levels of output and the associated required assets; in some regards, assets are minimised so that liabilities may be minimised. Conversely, liabilities are essential to the continued operation of the second group, while assets are held in order to maintain the desired levels of liabilities.

Keywords: Financial Asset; Equity Capital; Equity Holder; Economic Unit; Physical Asset (search for similar items in EconPapers)
Date: 1978
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DOI: 10.1007/978-1-349-15858-4_7

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