are taking benefit of REC drivers while the developing world is not exploiting the favorable role of these drivers …. Finally, the study also predicts the statistically significant role of economic prosperity, trade, and inflation in explaining …

The complexity of credit money is seen as the central issue in the banking-macro nexus, which the author considers as a … origins of the theory of money and its role in contemporary monetary economics. Second, he briefly discusses current … in agent-based models of the banking-macro nexus. -- 20th century origins of the theory of money ; Schumpeterian credit …

the concept of so-called helicopter money. This article subjects key aspects of MMT to critical examination and shows … central banks and to place the power to create, allocate, and spend money permanently in the hands of politically elected …

1. Next: The Fifth Stabilization Experiment under Fiat Money -- 2. Origins of the Global 2% Inflation Standard -- 3 …This book analyses the controversial and critical issue of 2% inflation targeting, currently practised by central banks … in the US, Japan and Europe. Where did the 2% target inflation originate, and for what reason? Do these reasons stand up …

1 -- Introduction: Strange Bedfellows and the Rise of Modern Money Theory -- 2. MMT Basics and the Sustainability of … Money Financed Deficits -- 3. Institutional Specificity and the Limited Policy Relevance of Modern Money Theory -- 4. The … Role of the Dollar as an International Currency and Its Limits in a Multi-Key Currency World -- 5. MMT as “America First …