Essays about: "Circulation credit theory"

Found 2 essays containing the words Circulation credit theory.

  1. 1. Monetary Circuit Theory and the Role of Banks in the Monetization of Profits

    University essay from Göteborgs universitet/Graduate School

    Author : Johannes von Römer; [2015-07-13]
    Keywords : Monetary Circuit Theory; Post-Keynesian Economics; Endogenous Money; Paradox of Profits; Circulation; Velocity of Money; Stock-Flow Consistent Approach;

    Abstract : Using the tools of the monetary circuit the paradox of profits on how the firm sector as a whole can realize profits is addressed. The thesis innovates with the banking system facing the same profit paradox as firms and how it can be overcome. READ MORE

  3. 2. The role of "artificially" low interest rates through credit expansion - The road to prosperity or another recession?

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : My Hedlin; [2015]
    Keywords : Circulation credit theory; Credit expansion; Monetary policy; Interest rate; Austrian business cycle;

    Abstract : Current macroeconomic doctrine holds that the aim of monetary policy should be a steady inflation rate aligned with expectations. Consequently, central banks have declared remarkably low interest rates after the financial crisis in 2008 and pursue vast monetary expansion in their battle against slumbering economic activity. READ MORE