Does credit create a 'growth imperative'? A quasi-stationary economy with interest-bearing debt

Ecological Economics

Volumn 120, Issue , 2015, Pages 32-48

  Jackson, Tim ^a   Victor, Peter A ^b  

^a UNIVERSITY OF SURREY   (United Kingdom)

^b YORK UNIVERSITY   (Canada)

Author keywords

Austerity; Credit creation; Growth imperative; Interest; Money creation; Stock flow consistent model

Indexed keywords

BANKING; CAPITAL FLOW; CAPITALISM; CREDIT PROVISION; DEBT; INTEREST RATE; MACROECONOMICS; MONETARY POLICY; STOCK ASSESSMENT;

EID: 84944891251     PISSN: 09218009     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ecolecon.2015.09.009     Document Type: Article

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