Abstract
In two studies from recent years Professor Amadeo Gambino reopened the discussion of the problem of the determinants of the volume of bank deposits. The conclusions reached in these studies diverged from the well-known Keynesian proposition according to which the volume of deposits is determined almost exclusively by the monetary authorities. Moreover, he specifically criticised Professor Schneider for asserting the general validity of that proposition. In the present comment, Schneider elaborates his point, drawing especially on the contributions to monetary theory of German economists such as Gestrich and Fohl.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
