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Economic Content

Reply to Comments on the Loanable-funds Approach to Teaching Macroeconomics

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Pages 259-260 | Published online: 10 Jul 2014

  • Fleisher, B., and K. Kopecky. 1987. The loanable-funds approach to teaching principles of macroeconomics. Journal of Economic Education 18:18–33.
  • Kohn, G. 1981. A loanable funds theory of unemployment and monetary disequilibrium. American Economic Review 71:859–79.
  • Tsiang, S. C. 1956. Liquidity preference and loanable funds theories, multiplier and velocity analysis: A synthesis. American Economic Review 46:538–64.

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