The Post-Keynesian "Demand for Credit' Model"

Gillian Hewitson
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Gillian Hewitson: School of Economics, La Trobe University

No 1996.18, Working Papers from School of Economics, La Trobe University

Abstract: This paper presents a critique of the commonly-cited post-Keynesian "demand for credit" model, which tests the hypothesis that bank lending to business is driven by the working capital needs of firms, and which has appeared to support the contention that the money supply is endogenously determined in Great Britain, South Africa, and the United States.

Keywords: Agriculture.; Environmental; Management (search for similar items in EconPapers)
Pages: 31 pages
Date: 1996
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Persistent link: https://EconPapers.repec.org/RePEc:trb:wpaper:1996.18

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