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When Sweden left the gold standard on September 27, 1931, the Swedish government declared that the aim of monetary … targeting officially became for the first time the goal for a central bank. Soon after, the Riksbank (Bank of Sweden) sent a …
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After World War II and prior to the financial deregulation of the 1980s, monetary policy in Sweden as well as in other …
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which money is neutral, at least in the long run; and the Marx-Veblen-Keynes approach, or the monetary theory of production … view back to Keynes, arguing that extending Keynes along these lines would bring his theory up to date. -- Money ; Public … Monopoly ; Monetary Theory of Production ; Keynes ; Marx ; Veblen ; Knapp ; Chartalism …
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. These elements of Simons's theory of money form the basis for Hyman P. Minsky's financial instability hypothesis. This …
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record. A theory of how short-lived coinage systems work is applied to Swedish coinage. It is shown that Sweden adopted …. Here, the question of whether and when such re-coinage was applied in medieval Sweden is analyzed against the historical … what one would expect from the theory of short-lived coins. Economic backwardness, limited monetization of society and …
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Historically high levels of private and public debt coupled with already very low short-term interest rates appear to limit the options for stimulative monetary policy in many advanced economies today. One option that has not yet been considered is monetary financing by central banks to boost...
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