The Rate of Interest

Joan Robinson

A chapter in The Generalisation of the General Theory and other Essays, 1979, pp 135-164 from Palgrave Macmillan

Abstract: Abstract The problem to be discussed is the determination of the rate of interest in a closed economy, working under laisser faire in the sense that the authorities use no means to influence conditions except monetary policy.

Keywords: Interest Rate; National Income; Bond Price; Short Rate; Active Circulation (search for similar items in EconPapers)
Date: 1979
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-16188-1_4

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DOI: 10.1007/978-1-349-16188-1_4

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