Search

9 May 2012: Hansen, New York: W.W. Norton, 135 – 155. Setterfield, M. (2006): Effective demand and endogenous money in a path-dependent economy: Towards a ›Moorian‹ credit supply curve – and a reconciliation between ... ed.), Complexity, Endogenous Money and

19 May 2014:  Minsky (1975, 1982, 1986) developed a theory that explains how indebtedness can increase in periods of tranquillity as a result of endogenous forces that reduce the desired margins of safety ...  A principal outcome of the analysis was that the

31 Jul 2012: Towards a New Research Programme on ‘Banking and the Economy’ –. Implications of the Quantity Theory of Credit for the Prevention and Resolution of Banking and Debt Crises. Abstract. The financial crisis has triggered a new consensus among

7 Mar 2012: 1. Sraffa’s ‘Given’ Quantities of Output and Keynes’s Principle of Effective Demand. Man-Seop Park. Korea University manseop@korea.ac.kr. [I]t is in the ‘present’ that the ‘normal’ rate of profits has always been firmly located. …

4 Mar 2013: considered as a determinant of savings. It is endogenous and passively adjusts to produce.

11 Feb 2014: 1. 04/09/04/02 An issue with own-rates: Keynes borrows from Sraffa , Sraffa criticises Keynes,. and present-day commentators get hold of the wrong end of the stick. Roy H Grieve1. Abstract. Scholars who in recent years have studied the Sraffa papers

26 Apr 2013: Graziani constructed a basic schema of the working of a monetary economy (see below – section 2), based on the idea that money supply is endogenous and demand-driven. ... These theoretical elements enter the basic schema of the MTP, with particular

3 Jun 2013: the idea that the level of employment depends on aggregate demand and the crucial role played by expectations), preserving the fundamental assumptions of the MTP, namely that money supply is endogenous ... firms‟ expected profits, and, importantly,

15 Jun 2016: a) Derive a matrix representation of how, when the system is very close to equilib-rium, changes in the endogenous variables Y and r are related to changes in theexogenous variables

1 Nov 2011: A new micro-fundation of endogenous growth:. Market not a necessary featureCompeting heterogeneous rms is the key. ... Symmetric rms (equilibrium): Endogenous Growth Theory (e.g.Aghion and Howitt, 1992, Grossman and Helpman, 1991, Romer1990).