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Sala Fernando Fajnzylber

Endogenous money: a brief conceptual history

Session |
Mon, 05/08/2019 - 10:00 to 12:00

The objective of this class will be to present the relevance of analyzing the monetary effects in the economy. Along with this, some of the conceptual frameworks for the treatment and the introduction of the flow and stock consistency analysis technique will be analyzed.

 

Recommended reading material:

Arestis, P., Sawyer, M. (2006). ‘The nature and the role of monetary policy when money
is endogenous’, Cambridge Journal of Economics, 30 (6), 847-860.
Davidson, P. (2006). ‘Keynes and money’, chapter 9 in Arestis, P., Sawyer, M. (eds), A
Handbook of Alternative Monetary Economics, Cheltenham, UK and Northampton,
MA, USA: Edward Elgar.
Fontana, G. (2004). ‘Rethinking endogenous money: A constructive interpretation of the debate between horizontalists and structuralists’, Metroeconomica, 55 (4), pp. 367- 385.
Lavoie, M. (2014). ‘Credit, money and central banks’, chapter 4 in Lavoie, M., PostKeynesian Economics: New Foundations. Cheltenham, UK and Northampton, MA,
USA: Edward Elgar
Tae-Hee, Jo (2013) Heterodox Economics Directory. 5th edition. Heterodox Economics Newsletter.  (Version web http://heterodoxnews.com/hed/)

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