to the question of the nature of money. These contributions have to be understood in the context of his broader approach … ontology. Lawson's elaboration of the nature of money is not the only one compatible with the social positioning theory and an …

We propose a standard search and bargaining model with divisible money, in which only the random matching market opens … tractable equilibrium, called a pay‐all equilibrium , and prove its existence. Each buyer pays all the money holding as a corner … power parameter affects the distribution of the money holdings and possibly induces economic inefficiency. We propose a …

This paper examines the dynamics of deposit money banks (DMB) credit and the role of consolidation in credit growth in …

We model the behaviour of banks as a main driver of the changing components of the money multiplier (MM). So we provide … behavioural underpinnings for the supply and demand for inside and outside money. We illustrate how the creation of large outside … money balances by central banks induces behavioural changes, creating an environment characterised by a low MM and low …