Essays about: "Endogenous Money"
Found 3 essays containing the words Endogenous Money.
-
1. Setting the Pace of Capitalism - A Post-Keynesian Perspective on Interest and Profits as a Monetary Phenomenon
University essay from Lunds universitet/Ekonomisk-historiska institutionenAbstract : Financial markets turn all their attention towards the Federal Reserve Bank and the European Central Bank whenever there are the slightest rumors of a change in the policy rate of interest. But why is this rate so important and what is the theoretical basis of its existence in the first place? In modern economic literature theories of interest are rarely explicitly touched upon and interest is often simply taken for granted in most textbooks. READ MORE
-
2. Endogenous Money in Foreign Exchange Markets
University essay from Göteborgs universitet/Graduate SchoolAbstract : This paper analyses the endogeneity of money creation or destruction when banks and central banks act in foreign exchange markets. From a historical analysis of banking operations it is derived that endogenous money in foreign exchange transactions originated together with banks as depository institutions. READ MORE
-
3. Monetary Circuit Theory and the Role of Banks in the Monetization of Profits
University essay from Göteborgs universitet/Graduate SchoolAbstract : 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
