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Found 2 essays matching the above criteria.

1. 1. Endogenous Money in Foreign Exchange Markets

   University essay from Göteborgs universitet/Graduate School

   Author : Johannes von Römer; [2016-10-04]
   Keywords : Foreign Exchange Markets; Post-Keynesian Economics; Endogenous Money; Stock-Flow Consistent Approach;

   Abstract : 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. 2. 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