Money and banking

Abstract : The chapter explains the heterodox approach to money and banking and contrasts it with the mainstream. It focuses on the importance of the creation and destruction of money by the banking system and on the crucial role played by the interbank market for funds and the payment and settlement system. It points out the credit money creation is demand led.
Type de document :
Chapitre d'ouvrage
LP. Rochon and S. Rossi. Introduction to Heterodox Macroeconomics, Edward Elgar, pp.97-116, 2016, 9781849801119
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https://hal-univ-paris13.archives-ouvertes.fr/hal-01435719
Contributeur : Pascal Seppecher <>
Soumis le : dimanche 15 janvier 2017 - 13:53:14
Dernière modification le : jeudi 11 janvier 2018 - 06:23:32

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  • HAL Id : hal-01435719, version 1

Citation

Marc Lavoie, Mario Seccareccia. Money and banking. LP. Rochon and S. Rossi. Introduction to Heterodox Macroeconomics, Edward Elgar, pp.97-116, 2016, 9781849801119. 〈hal-01435719〉

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