The creation and circulation of endogenous money: A circuit dynamique approach

Journal of Economic Issues

Volumn 33, Issue 1, 1999, Pages 1-21

  Rochon, Louis Philippe ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0033423262     PISSN: 00213624     EISSN: None     Source Type: Journal    
DOI: 10.1080/00213624.1999.11506132     Document Type: Review

References (72)

1. Aglietta, M. A Theory of Capitalist Regulation: The US Experience. London: New Left Books, 1979.
2. Arena, R. "Industrial and Financial Factors in Investment Decision: A Significant Difference Between Circuit and Post-Keynesian Approaches." In Money in Motion, edited by E. Nell and G. Deleplace. London: Macmillan Press, 1996.
3. Asimakopulos, A. Keynes's General Theory and Accumulation. Cambridge: Cambridge University Press, 1991.
4. Barker, W., and L.-R. Lafleur. "Business Cycles and the Credit-Allocation Process: An Institutional Perspective." In Credit, Interest Rate Spreads and the Monetary Policy Transmission Mechanism. Proceedings of a conference held at the Bank of Canada, November 1994.
5. Barrère, A. "Signification générale du circuit: une interprétation." Economies et Sociétiés Monnaie et Production 6 (1990): 9-34.
6. Carvalho, F. C. "Post-Keynesian Developments of Liquidity Preference Theory." In Post-Keynesian Economic Theory, edited by P. Wells. Boston: Kluwer Academic Publishers, 1995.
7. Cencini, A. Time and the Macroeconomic Analysis of Income. London: Pinter, 1984.
8. Chick, V. "Is There a Case for Post Keynesian Economics?" Scottish Journal of Political Economy 42 (February 1995): 20-36.
9. Davidson, P. Money and the Real World. New York: Halstead Press, 1972.
10. De Largentaye, J. "A Note on the General Theory of Employment, Interest and Money." Journal of Post Keynesian Economics 1, no. 3 (Spring 1979): 6-15.
11. Deleplace, G. "Does Circulation Need a Monetary Standard." In Money in Motion, edited by E. Nell and G. Deleplace. London: Macmillan, 1996.
12. DeVroey, M. "Inflation: A Non-Monetarist Monetary Interpretation." Cambridge Journal of Economics 8 (1984): 381-399.
13. DiRuzza, R. "Quelques commentaires sur le communication du Professeur Davidson." Mimeo, ISMEA, University of Ottawa Conference, October 1984.
14. Eichner, A. "A Post Keynesian Short-Period Model." Journal of Post Keynesian Economics 1 (Summer 1979): 38-63.
15. Forman, L., M. Groves, and A. Eichner. "The Demand for Money Further Considered." In Money and Macro Policy, edited by M. Jarsulic. Hingham, Mass.: Kluwer Academic Publishers, 1985.
16. Foster, G. P. "The Endogeneity of Money and Keynes's General Theory." Journal of Economic Issues 20, no. 4 (December 1986): 953-968.
17. Goux, F.-F. "La théorie monétaire de la 'finance' chez Keynes: une interprétation." Revue d'économie politique (1987): 592-612.
18. Graziani, A. "The Debate on Keynes's Finance Motive." Economic Notes 1 (1984): 15-33.
19. _. "Le débat sur le 'motif de financement' de J. M. Keynes." Économie Appliquée 38, no. 1 (1985): 159-175.
20. _. "Money and Finance in Joan Robinson's Works." In The Economics of Imperfect Competition and Employment: Joan Robinson and Beyond, edited by G. R. Feiwel. London: Macmillan, 1989.
21. _. "The Theory of the Monetary Circuit." Economies et Sociétés: Monnaie et Production 7 (1990): 7-36.
22. _. "La théorie keynésienne de la monnaie et le financement de l'économie." Économie Appliquée 44, no. 1 (1991): 25-41.
23. _. "Money as Purchasing Power and Money as a Stock of Wealth in Keynesian Economic Thought." In Money in Motion, edited by E. Nell and G. Deleplace. London: Macmillan, 1996.
24. Kalecki, M. Selected Essays in the Dynamics of the Capitalist Economy. Cambridge: Cambridge University Press, 1971.
25. Keynes, J. M. The Collected Writings of John Maynard Keynes, vols. 4 (1971), 7 (1973), 13 (1973a), 14 (1973b), 29 (1979), edited by D. Moggridge. London: Macmillan, St-Martin's Press, and Cambridge University Press, 1973.
26. Keynes, J. M. The Collected Writings of John Maynard Keynes, vols. 4 (1971), 7 (1973), 13 (1973a), 14 (1973b), 29 (1979), edited by D. Moggridge. London: Macmillan, St-Martin's Press, and Cambridge University Press, 1973.
27. Keynes, J. M. The Collected Writings of John Maynard Keynes, vols. 4 (1971), 7 (1973), 13 (1973a), 14 (1973b), 29 (1979), edited by D. Moggridge. London: Macmillan, St-Martin's Press, and Cambridge University Press, 1973.
28. Keynes, J. M. The Collected Writings of John Maynard Keynes, vols. 4 (1971), 7 (1973), 13 (1973a), 14 (1973b), 29 (1979), edited by D. Moggridge. London: Macmillan, St-Martin's Press, and Cambridge University Press, 1973.
29. Keynes, J. M. The Collected Writings of John Maynard Keynes, vols. 4 (1971), 7 (1973), 13 (1973a), 14 (1973b), 29 (1979), edited by D. Moggridge. London: Macmillan, St-Martin's Press, and Cambridge University Press, 1973.
30. Lavoie, M. "Un modèle post-keynésien de'économie monétaire fondé sur la théorie du circuit." Économies et Sociétés 18, no. 2 (1984): 233-258.
31. _. "Credit and Money: The Dynamic Circuit, Overdraft Economies, and Post-Keynesian Economics." In Money and Macro Policy, edited by M. Jarsulic. Hingham, Mass.: Kluwer Academic Publishers, 1985.
32. _. "Monnaie et production: une synthèse de la théorie du circuit." Économies et Sociétés 9 (September 1987): 65-101.
33. _. Foundations of Post-Keynesian Economic Analysis. Aldershot: Edward Elgar, 1992.
34. _. "The Endogenous Supply of Credit-Money, Liquidity Preference and the Principle of Increasing Risk: Horizontalism versus the Loanable Funds Approach." Scottish Journal of Political Economy 43, no. 3 (1996a): 275-300.
35. _. "Monetary Policy in an Economy with Endogenous Credit Money." In Money in Motion, edited by E. Nell and G. Deleplace. London: Macmillan, 1996b.
36. LeBouvra, J. "Money Creation and Credit Multipliers." Review of Political Economy 4, no. 4 (1992): 447-466.
37. Maricic, A. "L'offre de monnaie dans la théorie keynénsienne: une recherche empirique de définitions." In Production, Circulation et Monnaie, edited by R. Arena and A. Graziani. Paris: Presses Universitaires de France, 1985.
38. Messori, M. "Le circuit de la monnaie: acquis et problèmes non-résolus." In Production, Circulation et Monnaie, edited by R. Arena and A. Graziani. Paris: Presses Universitaires de France, 1985.
39. Mondello, G. "Étude de la liaison monnaie-revenu. Demande effective: le théories de Thomas Tooke et J.M. Keynes." Revue Économique (May 14, 1985): 509-555.
40. Moore, B. "Monetary Factors." In A Guide to Post-Keynesian Economics, edited by A. Eichner. Armonk, N.Y.: M.E. Sharpe, 1979.
41. _. "The Exogeneity of Short-Term Interest Rates: A Reply to Wray." Journal of Economic Issues 29, no. 1 (March 1995): 258-266.
42. _. "The Money Supply Process: A Historical Reinterpretation." In Money in Motion, edited by E. Nell and G. Deleplace. London: Macmillan, 1996.
43. Nell, E. The General Theory of Transformational Growth. London: Routledge, 1996.
44. Nell, E., and G. Deleplace "Introduction." In Money in Motion, edited by E. Nell and G. Deleplace. London: Macmillan, 1996.
45. Palley, T. "Money, Credit and Prices in a Kaldorian Macro Model." Journal of Post Keynesian Economics 14, no. 2 (Winter 1992): 183-205.
46. _. "Beyond Endogenous Money: Toward Endogenous Finance." In Money in Motion, edited by E. Nell and G. Deleplace. London: Macmillan, 1996.
47. Parguez, A. Monnaie et macroeconomie. Paris: Economica, 1975.
48. _. "La theorie generale: la revolution inachevee dans la theorie du capital et de la monnaie." In Keynes aujourd'hui: theories et politiques, edited by A. Barrere. Paris: Economica, 1985.
49. _. "Au coeur du circuit ou quelques reponses aux enigmes di circuit." Économies et Sociétés, Monnaie et Production 20, nos. 8-9 (1986): 23-39.
50. _. "La crise dans le circuit ou l'integration de la finance et de la production." Économie Appliquée 40, no. 4 (1987): 755-70.
51. _. "Government Deficits within the Monetary Production Economy or the Tragedy of the Race to Balance Budgets." Unpublished, 1997.
52. Pollin, R. "Two Theories of Money Supply Endogeneity: Some Empirical Evidence." Journal of Post Keynesian Economics 13, no. 3 (Spring 1991): 366-396.
53. _. "Money Supply Endogeneity: What Are the Questions and Why Do They Matter?" In Money in Motion, edited by E. Nell and G. Deleplace. London: Macmillan, 1996.
54. Poulon, F. "Le court terme de l'analyse keynesienne et le temps du circuit." In Keynes aujourd'hui: theories et politiques, edited by A. Barrere. Paris: Economica, 1985.
55. _. "Graphe, crise et circuit keynesien." Revue d'economie politique 90, no. 4 (1990): 371-409.
56. Rizzo, B. "Keynes et les deux motifs de finance bancaire." Économie Appliquée 45 (1992): 123-159.
57. Robinson, J. The Rate of Interest and Other Essays. London: Macmillan, 1952.
58. Rochon, L.-P. "Keynes's Finance Motive: A Re-Assessment: Credit, Liquidity Preference and the Rate of Interest." Review of Political Economy 9, no. 3 (1997): 277-293.
59. _. Credit, Money and Production: An Alternative Post-Keynesian Approach. Cheltenham: Edward Elgar, 1999a.
60. _. "1939-1958: Was Kaldor an Endogenist?" Metroeconomica (1999b).
61. Rousseas, S. "The Spheres of Industrial and Financial Circulation Revisited, and their Implications for Post Keynesian Economic Policy." In Money in Motion, edited by E. Nell and G. Deleplace. London: Macmillan, 1996.
62. Sawyer, M. "Money, Finance and Interest Rates: Some Post Keynesian Reflections." In Keynes, Money and the Open Economy: Essays in Honour of Paul Davidson, vol. 1, edited by P. Arestis. Cheltenham: Edward Elgar, 1996.
63. Schmitt, B. Monnaie, salaires et profits. Paris: Presses Universitaires de France, 1975.
64. _. Inflation, chomage et malformations du capital. Paris: Economica, 1984.
65. Screpanti, E. "Banks, Increasing Risk, and the Endogenous Money Supply." Unpublished manuscript, 1997.
66. Seccareccia, M. "Systematic Viability and Credit Crunches: An Examination of Recent Canadian Cyclical Fluctuations." Journal of Economic Issues 22, no. 1 (March 1988): 49-77.
67. _. "Post-Keynesian Fundism and Monetary Circulation." In Money in Motion, edited by E. Nell and G. Deleplace. London: Macmillan, 1996.
68. Terzi, A. "The Independence of Finance from Saving: A Flow-of-Funds Interpretation." Journal of Post Keynesian Economics 9, no. 2 (Winter 1986): 188-197.
69. Trautwein, H. M. "Pure Credit Economies in Monetary Theory." Paper presented at the Conference on Money, Financial Institutions and Macroeconomics, York University, Canada, 1995.
70. Vallageas, B. "Interet, repartition et theories des circuits." Économie Appliquée 41, no. 2 (1988): 355-388.
71. Wray, R. "Alternative Approaches to Money and Interest Rates." Journal of Economic Issues 26, no. 4 (December 1992): 1145-1178.
72. _. "Keynesian Monetary Theory: Liquidity Preference or Black Box Horizontalism." Journal of Economic Issues 29, no. 1 (March 1995): 273-282.