The theory of endogenous money and the LM schedule : (Record no. 51780)
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| 001 - CONTROL NUMBER | |
| control field | 7073115152854 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20190211181847.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 170731sjan. bl ||||gr |0|| 0 eng d |
| 999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
| Koha Dewey Subclass [OBSOLETE] | PHL2MARC21 1.1 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | eng |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | PALLEY, Thomas I. |
| 9 (RLIN) | 55446 |
| 245 10 - TITLE STATEMENT | |
| Title | The theory of endogenous money and the LM schedule : |
| Remainder of title | prelude to a reconstruction of ISLM |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Place of publication, distribution, etc. | São Paulo : |
| Name of publisher, distributor, etc. | Editora 34, |
| Date of publication, distribution, etc. | 2017 |
| 520 3# - SUMMARY, ETC. | |
| Summary, etc. | Money is at the center of macroeconomics, which makes understanding the money supply central for macroeconomic theory. This paper presents the Post Keynesian theory of endogenous money supply and shows how it is fundamentally different from the conventional money supply theory. The conventional approach relies on the money multiplier and bank lending is invisible. Post Keynesian theory discards the money multiplier and focuses on bank lending which drives money creation. The paper emphasizes the structuralist version of Post Keynesian theory which retains Keynes liquidity preference theory of long term interest rates and also recognizes banks are subject to financial constraints that limit their lending activities. The paper then shows how to derive the LM schedule in an endogenous money economy, which is a necessary prelude to reconstructing the ISLM model |
| 773 08 - HOST ITEM ENTRY | |
| Title | Revista de Economia Política = Brazilian Journal of Political Economy |
| Related parts | 37, 1, p. 03-22 |
| Place, publisher, and date of publication | São Paulo : Editora 34, 2017 |
| International Standard Serial Number | ISSN 01013157 |
| Record control number | |
| 856 42 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | http://www.rep.org.br/PDF/146-1.PDF |
| Link text | Acesso |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Periódico |
| 998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
| -- | 20170731 |
| Operator's initials, OID (RLIN) | 1515^b |
| Cataloger's initials, CIN (RLIN) | Rebeca |
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