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Sullo statuto teorico dell'offerta di moneta: un dibattito con Augusto Graziani
Cavalieri, Duccio - Volkswirtschaftliche Fakultät, … - 1996
In this article the debate between Prof. Augusto Graziani and the author on the monetary theory of production is …
Persistent link: https://www.econbiz.de/10011109819
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Il circuito della moneta e il finanziamento dell'economia. Un'analisi teorica.
Cavalieri, Duccio - Volkswirtschaftliche Fakultät, … - 1999
This is a theoretical analysis of the role of money and other less liquid financial assets in the financing of the private sector of a market economy. It is concerned, basically, with the functional relations between households, firms, banks and other financial institutions, and with those...
Persistent link: https://www.econbiz.de/10011111080
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Монетаристко развитие на теорията на търсенето на пари
Sedlarski, Teodor - Volkswirtschaftliche Fakultät, … - 2012
cash-balance approach, Walras’ „encaisse désirée“, Keynes’ liquidity preference to the monetarist restatement of the …
Persistent link: https://www.econbiz.de/10011112567
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"From the State Theory of Money to Modern Money Theory: An Alternative to Economic Orthodoxy"
Wray, L. Randall - Levy Economics Institute - 2014
(Georg Friedrich Knapp and A. Mitchell Innes) through Joseph Schumpeter, John Maynard Keynes, and Abba Lerner, and on to …
Persistent link: https://www.econbiz.de/10010754647
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Milton Friedman's Contributions to Macroeconomics and Their Influence
Laidler, David - University of Western Ontario, Economic Policy Research … - 2012
Phillips curve, is also assessed in the light of his own preference, which he shared with Keynes, for a pragmatic Marshallian …
Persistent link: https://www.econbiz.de/10010681093
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Keynes’ Metaphor of the Newspaper Competition: A Model
Sanyal, Amal - EconWPA - 2005
Keynes’ General Theory provides an interesting metaphor for asset markets: they are like newspaper competitions where … closest to the average preferences. Keynes did not explicitly formalise the metaphor but his observations about the bond … of decision rules from the suggestions in the General Theory and Keynes' QJE(1937) paper, and introduces a concept of …
Persistent link: https://www.econbiz.de/10005126429
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Varieties of Keynesianism
Foley, Duncan - Bernard Schwartz Center for Economic Policy Analysis … - 2014
capitalist economies. This underrates Keynes’ role as a precursor of modern information economics, and risks losing significant …
Persistent link: https://www.econbiz.de/10011031802
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The flaws in Keynsian borrow and spend
Musgrave, Ralph S. - Volkswirtschaftliche Fakultät, … - 2010
Borrow and spend is a policy with several weaknesses. 1, it involves government borrowing something, that is money, which government can create in limitless quantities any time. 2, the “borrow” part of borrow and spend is deflationary: the opposite of the desired effect. 3, borrow and spend...
Persistent link: https://www.econbiz.de/10008685144
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The Demand for Stored Value Payment Instruments
Ingo, Pippow; Detlef, Schoder - EconWPA - 2002
Due to their functionality, stored value purses based on smart card technology are prominent candidates for being the dominant medium of exchange for micropayments. However, the overall prospects of these payment systems are yet ambiguous, both from the perspective of practice and monetary...
Persistent link: https://www.econbiz.de/10005134968
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Money and Reciprocity
Hens, Thorsten; Vogt, Bodo - Institut für Volkswirtschaftslehre, …
Based on an experimental analysis of a simple monetary economy we argue that a monetary system is more stable than one would expect from individual rationality. We show that positive reciprocity stabilizes the monetary system, provided every participant considers the feedbacks of his choice to...
Persistent link: https://www.econbiz.de/10005627772