Saving, Lending and Interest Rates: A Critique (Of The Model) Of Financial Liberalisation In India.

Rao, Tripati and Correa, Romar (2003) Saving, Lending and Interest Rates: A Critique (Of The Model) Of Financial Liberalisation In India. TAPMI, Manipal.

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Abstract

The case for financialliberalisation is founded on the neoclassical proposition that savings causes investment and that the interest rate tends to move to equate the two. We find little support for this thesis from the experience of India. Alternatively, we suggest that the Post Keynesian approach that includes the liquidity preferences.

Item Type:	TAPMI Working Papers
Uncontrolled Keywords:	Lending, Interest Rate, Liquidity Preference and Post Keynesian
Subjects:	Finance
Divisions:	Finance and Strategy
Depositing User:	Ms. Vanitha K
Date Deposited:	17 Nov 2018 05:17
Last Modified:	21 Nov 2018 06:03
URI:	http://tapmi.informaticsglobal.com/id/eprint/367

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