-Keynesian analysis of credit institutions will help us determine new solutions for economic policy aiming at full employment. Following … rather a practical reflection on the optimal economic policies resting on an in-depth understanding of money and credit …

Standard models of aggregate demand treat money and credit asymmetrically; money is given a special status, while loans … is that loans and bonds are imperfect substitutes. In the modified model, credit supply and demand shocks have … policy implication is that the relative value of money and credit as policy indicators depends on the variances of shocks to …

Standard models of aggregate demand treat money and credit asymmetrically; money is given a special status, while loans … is that loans and bonds are imperfect substitutes. In the modified model, credit supply and demand shocks have … policy implication is that the relative value of money and credit as policy indicators depends on the variances of shocks to …