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exchange rate on the price level using the Johansen procedure for co-integration. The empirical evidence indicates the …
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Based on an interdisciplinary approach, this article aims at elucidating what can be called the nature of money. To … define it, we first distinguish between the generic properties of every money and its different and non specifically monetary … draw two of its features which most of the time are discarded: value is granted to a money only in the societal environment …
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attempt to solve this problem, scholars have not explicitly considered money as an important factor in such a scenario …. However, in accordance with a post-Keynesian approach, money is not neutral. It does play a major role in decision-making by … identify whether the theory of unequal development includes, however implicitly, the notion of money non-neutrality in the …
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The aim of this piece is to analyze some territorial determinants to the total amount of credit in a specific region. These determinants are derived from the economics conditions of the region and are observed through the liquidity preference of banks and public. Accordingly to the Post...
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elucidating what can be called the nature of money, drawing from works published in Aglietta and Orléan (1998) and Théret (2006 …). The nature of money is to be related to its quasiuniversal presence in different types of societies, and to seize it, we … hierarchical (credibility), and their articulation. Money as currency can also be grasped through its three functional forms …
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