The paper proposes a constructive interpretation of the Post Keynesian debate between horizontalists and structuralists. Both approaches defend an endogenous money theory, but they discriminate between different analyses of the credit market and the reserve market. A more general model encompassing both approaches is presented here and some of its implications are discussed.

Endogenous Money: An Analytical Approach

FONTANA G;
2003-01-01

Abstract

The paper proposes a constructive interpretation of the Post Keynesian debate between horizontalists and structuralists. Both approaches defend an endogenous money theory, but they discriminate between different analyses of the credit market and the reserve market. A more general model encompassing both approaches is presented here and some of its implications are discussed.
2003
Monetary Theory, Endogenous Money, Horizontalists, Structuralists
File in questo prodotto:
File Dimensione Formato  
SJPE_50(4)_2003.pdf

non disponibili

Licenza: Non specificato
Dimensione 171.56 kB
Formato Adobe PDF
171.56 kB Adobe PDF   Visualizza/Apri   Richiedi una copia

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/20.500.12070/3544
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 13
  • ???jsp.display-item.citation.isi??? 6
social impact