3. Producción

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Dinero, inversión y financiamiento : apuntes sobre el discurso teórico de J. M. Keynes
(Pontificia Universidad Católica del Perú. Departamento de Economía, 1994)
Based on review of the role of demand for money and its relation with other non-monetary financial assets, this paper reviews the meaning and nature of the demand for money. In addition, it examines how interest rates are determined from the viewpoint of J.M. Keynes’s theory, as presented in his General Theory, and also takes account of other authors’ contributions. Likewise, this paper reviews the determinants of investment, as they appear in the General Theory and subsequently the criticism directed at it by H. Minsky. Finally, it covers the issue of how to finance investments, based on the Financing Motive included by Keynes in his 1937 and 1939 articles, after his General Theory.
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El dinero y su relación con los precios del monetarismo neoclásico al tratado del dinero de Keynes
(Pontificia Universidad Católica del Perú. Departamento de Economía, 1994)
Some crucial elements to analyze the relationship between money and prices are presented through a review of some authors’ contibutions and their proponents or detractors’ opinions.