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A liquidity preference approach to nonfinancial corporate liquid asset holdings
This paper examines the long-run pattern of the U.S. nonfinancial corporate sector’s liquid financial asset holdings in the period from 1951 to 2018. My approach to examining this pattern builds fr...
期刊介绍:
The Journal of Post Keynesian Economics is a scholarly journal of innovative theoretical and empirical work that sheds fresh light on contemporary economic problems. It is committed to the principle that cumulative development of economic theory is only possible when the theory is continuously subjected to scrutiny in terms of its ability both to explain the real world and to provide a reliable guide to public policy.