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Significance and Affects of Money Demand for Finance Motive at Keynes Liquidity Preference Theory

Hakan Naim ARDOR, Serdar VARLIK.

Abstract
The aim of this study is to examine the contributions of Keynes Money Demand Theory for Finance Motive to economic literature and starting in new discussions at this framework. In his studies bearing the dates of 1937 and 1938, Keynes has entitled the money demand ,which occurs before the investment expenditures are completed and before these expenditures affect the level of national income at the end of multiplier process, as Money demand for finance motive. By using money demand concept with financial motive, Keynes has stressed rejection of dichotomy, endogenous money supply and the importance of banking system in a stable capitalist economy. Moreover, opinions of Keynes about money demand for finance motive has created several discussions at framework of Post Keynesian and Monetary Circuitist Approaches.

Key words: Money Demand for Finance Motive, Endogenous Money Supply. JEL Classification: E12, E41, E50, E51



KEYNESN LKDTE TERCH KURAMINDA FNANS MOTF LE PARA TALEBNN NEM VE ETKLER

Özet
Bu almann amac, Keynesin Finans Motifiyle Para Talebi Kuramyla iktisat yaznna yapt katklar ve balayan yeni tartmalar incelemektir. Keynes, 1937 ylnda yaymlad almalarnda, yatrm harcamalar henz tamamlanmadan ve bu harcamalar arpan sreci sonucunda milli gelir dzeyini etkilemeden nce ortaya kan para talebini, finans motifiyle para talebi olarak adlandrmaktadr. Keynes, finans motifiyle para talebi kavramn kullanarak, dikotominin reddini, para arznn iselliini ve kapitalist bir ekonominin istikrarnda bankaclk sisteminin nemini vurgulamaktadr. Ayrca, Keynesin finans motifiyle para talebi hakkndaki grleri, Post Keynesyen ve Parasal Dolamc Yaklamlar erevesinde bir takm tartmalar yaratmtr.

Anahtar Kelimeler: Finans Motifiyle Para Talebi, sel Para Arz. JEL Snflamas: E12, E41, E50, E51


 
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How to Cite this Article
Pubmed Style

ARDOR HN, VARLIK S. [Significance and Affects of Money Demand for Finance Motive at Keynes Liquidity Preference Theory]. Ekonomik Yaklasim. 2012; 23(Special): 195-220. Turkish. doi:10.5455/ey.20012


Web Style

ARDOR HN, VARLIK S. [Significance and Affects of Money Demand for Finance Motive at Keynes Liquidity Preference Theory]. http://www.ekonomikyaklasim.org/?mno=34393 [Access: December 17, 2017]. Turkish. doi:10.5455/ey.20012


AMA (American Medical Association) Style

ARDOR HN, VARLIK S. [Significance and Affects of Money Demand for Finance Motive at Keynes Liquidity Preference Theory]. Ekonomik Yaklasim. 2012; 23(Special): 195-220. Turkish. doi:10.5455/ey.20012



Vancouver/ICMJE Style

ARDOR HN, VARLIK S. [Significance and Affects of Money Demand for Finance Motive at Keynes Liquidity Preference Theory]. Ekonomik Yaklasim. (2012), [cited December 17, 2017]; 23(Special): 195-220. Turkish. doi:10.5455/ey.20012



Harvard Style

ARDOR, H. N. & VARLIK, S. (2012) [Significance and Affects of Money Demand for Finance Motive at Keynes Liquidity Preference Theory]. Ekonomik Yaklasim, 23 (Special), 195-220. Turkish. doi:10.5455/ey.20012



Turabian Style

ARDOR, Hakan Naim, and Serdar VARLIK. 2012. [Significance and Affects of Money Demand for Finance Motive at Keynes Liquidity Preference Theory]. Ekonomik Yaklasim, 23 (Special), 195-220. Turkish. doi:10.5455/ey.20012



Chicago Style

ARDOR, Hakan Naim, and Serdar VARLIK. "[Significance and Affects of Money Demand for Finance Motive at Keynes Liquidity Preference Theory]." Ekonomik Yaklasim 23 (2012), 195-220. Turkish. doi:10.5455/ey.20012



MLA (The Modern Language Association) Style

ARDOR, Hakan Naim, and Serdar VARLIK. "[Significance and Affects of Money Demand for Finance Motive at Keynes Liquidity Preference Theory]." Ekonomik Yaklasim 23.Special (2012), 195-220. Print.Turkish. doi:10.5455/ey.20012



APA (American Psychological Association) Style

ARDOR, H. N. & VARLIK, S. (2012) [Significance and Affects of Money Demand for Finance Motive at Keynes Liquidity Preference Theory]. Ekonomik Yaklasim, 23 (Special), 195-220. Turkish. doi:10.5455/ey.20012



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