Abstract
The concept of a financial market is limited, in the following analysis, to any market where easily resaleable debt and/or equity securities of business firms and governments are traded.1 Financial markets, therefore, always encompass well-organised, continuous and orderly spot markets.
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Note
Klamer, A. The New Classical Macro-economics (Brighton: Wheatsheaf, 1984).
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© 1988 Wissenschaftszentrum Berlin, Internationales Institut für Management und Verwaltung: Arbeitsmarktpolitik
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Davidson, P. (1988). Financial Markets, Investment and Employment. In: Kregel, J.A., Matzner, E., Roncaglia, A. (eds) Barriers to Full Employment. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-19233-5_5
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DOI: https://doi.org/10.1007/978-1-349-19233-5_5
Publisher Name: Palgrave Macmillan, London
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