Central banking in a monetary theory of production: The economics of payment finality from a circular-flow perspective

The Monetary Theory of Production: Tradition and Perspectives

Volumn , Issue , 2005, Pages 139-151

  Rossi, Sergio ^a,b  

^a UNIVERSITY OF FRIBOURG   (Switzerland)

^b UNIVERSITY OF LUGANO   (Switzerland)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84994339318     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.1057/9780230523074     Document Type: Chapter

References (18)

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3. De Bandt, O. and Hartmann, P. (2000) ‘Systemic Risk: A Survey’, European Central Bank Working Papers, 35.
4. Deutsche Bundesbank (1994) ‘Recent Trends in the Deutsche Bundesbank’s Cashless Payments’, Monthly Report, 46, 8, pp. 45-61.
5. European Central Bank, ‘CLS - Purpose, Concept and Implications’, Monthly Bulletin, 5, 1, pp. 53-66.
6. Giovannini Group (2002) ‘Cross-Border Clearing and Settlement Arrangements in the European Union’, European Commission Economic Papers, 163.
7. Graziani, A. (1990) ‘The Theory of the Monetary Circuit’, Économies et Sociétés (Série ‘Monnaie et Production’, 7), 24, 6, pp. 7-36.
8. Graziani, A. (2003) The Monetary Theory of Production (Cambridge: Cambridge University Press).
9. Heller, D. and Sturm, A. (2003) ‘The Role of the Swiss National Bank in the Electronic Payment System’, Swiss National Bank Quarterly Bulletin, 21, 1, pp. 44-56.
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11. Kahn, CM. and Roberds, W. (2002) ‘The Economics of Payment Finality’, Federal Reserve Bank of Atlanta Economic Review, 87, 2, pp. 1-12.
12. Lavoie, M. (1996) ‘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, pp. 275-300.
13. Lavoie, M. (2003) ‘A primer on endogenous credit-money’, in L.-P. Rochon and S. Rossi (eds), Modern Theories of Money: The Nature and Role of Money in Capitalist Economies (Cheltenham and Northampton: Edward Elgar), pp. 506-43.
14. Lavoie, M. (2005) ‘On the Full Endogeneity of High-Powered Money: Lessons from the Canadian Case’, in this volume. Parguez, A. and Seccareccia, M. (2000) ‘The Credit Theory of Money: The Monetary Circuit Approach’, in J. Smithin (ed.), What is Money? (London and New York: Routledge), pp. 101-23.
15. Realfonzo, R. (1998) Money and Banking: Theory and Debate (1900-1940) (Cheltenham and Northampton: Edward Elgar).
16. Rochon, L.-P. and Rossi, S. (2004) ‘Central Banking in the Monetary Circuit’, in M. Lavoie and M. Seccareccia (eds), Central Banking in the Modern World: Alternative Perspectives (Cheltenham and Northampton: Edward Elgar), pp. 144-63.
17. Rossi, S. (2003) ‘Money and banking in a monetary theory of production’, in L.-P. Rochon and S. Rossi (eds), Modern Theories of Money: The Nature and Role of Money in Capitalist Economies (Cheltenham and Northampton: Edward Elgar), pp. 339-59.
18. Rossi, S. (2004) ‘EMU and EU Enlargement: Lessons and Perspectives’, in C Gnos and L.-P. Rochon (eds), Post Keynesian Principles for Economic Policy (Cheltenham and Northampton: Edward Elgar), forthcoming.