A TEORIA DOS FUNDOS DE EMPRÉSTIMOS: UM ESTUDO DOS MODELOS AGREGADOS NEOCLÁSSICO E KEYNESIANO
DOI:
https://doi.org/10.22456/2176-5456.10856Keywords:
Interest rate. Say's Law. Liquidity preference.Abstract
Keynes's critique of the classical theory of loanable funds reveals the incompatibilities between the heuristic model developed in The General Theory and the converse one from the standard neoclassical theory. In this paper these incompatibilities are analyzed from the viewpoint of (a) the mechanisms that determine the interest rate, savings and the liquidity preference, as well as (b) the aggregate structure of both models. Also, it will be shown how, from the refutation of the existence of a market for labor and capital, such analysis allows the refutation of Say's Law.Downloads
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Published
2009-10-14
How to Cite
Herscovici, A. (2009). A TEORIA DOS FUNDOS DE EMPRÉSTIMOS: UM ESTUDO DOS MODELOS AGREGADOS NEOCLÁSSICO E KEYNESIANO. Análise Econômica, 24(46). https://doi.org/10.22456/2176-5456.10856
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