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- Title
KEYNESYEN EVE NEO-ALASİK YAK LAŞIMLARDA FİNANSAL SİSTEM VE İKTİSADÎ BÜYÜME.
- Authors
ERDEM, Ekrem; DUMRUL, Cüneyt
- Abstract
The effects of financial system on economic growth have been examined in the economics literature since the 19th century. This study deals with the finance growth relationship by using the growth models of two prominent approaches in economics: the neo-classical and Keynesian approach. The study aims to compare these two approaches and claims that while in the neo-classical approach, liberal financial policies have a positive impact on economic growth, in the Keynesian approach, financial system may create instability for economic growth and should be under public intervention.
- Publication
Uludağ Journal of Economy & Society / Uludağ Üniversitesi İktisadi ve İdari Bilimler Fakültesi Dergisi, 2014, Vol 33, Issue 2, p45
- ISSN
1301-3386
- Publication type
Article