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Modern monetary theory on money, sovereignty, and policy : a marxist critique with reference to the Eurozone and Greece

Lapabitsas, Kōstas; Aguila, Nicolás - In: The Japanese political economy 46 (2020) 4, pp. 300-326

Persistent link: https://www.econbiz.de/10012440072

MMT, sovereign currencies and the Eurozone

Lavoie, Marc - In: Review of political economy 34 (2022) 4, pp. 633-646

Persistent link: https://www.econbiz.de/10013411484

Modern Monetary Theory, fiscal dominance and the European Central Bank

Prinz, Aloys; Beck, Hanno - In: Credit and capital markets : Kredit und Kapital 55 (2022) 4, pp. 431-456

In this paper, Modern Monetary Theory (MMT) is confronted with the peculiarities of the institutional setting of the European Monetary Union (EMU) and the monetary policy of the European Central Bank (ECB). Since the financial and euro crises of 2008, monetary policy has changed drastically both...

Persistent link: https://www.econbiz.de/10014518596

Geldtheorie. - 10., überarb. und wesentlich. erw. Aufl. - 1998. - XVI, 406 S.

Jarchow, Hans-Joachim

Persistent link: https://www.econbiz.de/10000736587

Evaluating a monetary business cycle model with unemployment for the euro area

Groshenny, Nicolas - 2009

This paper estimates a medium-scale DSGE model with search unemployment by matching model and data spectra. Price mark-up shocks emerge as the main source of business-cycle fluctuations in the euro area. Key factors in the propagation of these disturbances are a high degree of inflation...

Persistent link: https://www.econbiz.de/10011506693