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Open Access research with a European policy impact...

The Strathprints institutional repository is a digital archive of University of Strathclyde's Open Access research outputs. Strathprints provides access to thousands of Open Access research papers by Strathclyde researchers, including by researchers from the European Policies Research Centre (EPRC).

EPRC is a leading institute in Europe for comparative research on public policy, with a particular focus on regional development policies. Spanning 30 European countries, EPRC research programmes have a strong emphasis on applied research and knowledge exchange, including the provision of policy advice to EU institutions and national and sub-national government authorities throughout Europe.

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Professor Shackle and the liquidity preference theory of interest-rates

McGregor, P.G. (1985) Professor Shackle and the liquidity preference theory of interest-rates. Journal of Economic Studies, 12 (1-2). pp. 89-106. ISSN 0144-3585

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Abstract

This article seeks to provide a critical evaluation of Shackle's account of the liquidity preference theory of interest in the light of recent contributions to macroeconomics and monetary theory.