Wynne Godley’s monetary circuit

2021 ◽  
Vol 44 (1) ◽  
pp. 6-23
Author(s):  
Marc Lavoie
Keyword(s):  
Monetary Circuit

Joan Robinson and Keynes: finance, relative prices and the monetary circuit

2003 ◽  
Vol 15 (4) ◽  
pp. 483-491 ◽  
Author(s):  
Claude Gnos ◽  
Louis-Philippe Rochon
Keyword(s):  
Relative Prices ◽  
Monetary Circuit

scholarly journals The Ethics Inside the Monetary Circuit: How Bank’s Social Responsibility Affects Money Creation

2016 ◽  
Vol 11 (7) ◽  
pp. 1
Author(s):  
Nadia Oliva ◽  
Andrea Pacella
Keyword(s):  
Social Responsibility ◽  
Credit Markets ◽  
Monetary Theory ◽  
Loan Rate ◽  
Money Creation ◽  
Theory Of Production ◽  
Monetary Circuit

<p>The paper aims to introduce ethical remarks into the monetary circuit (or monetary theory of production)<br />approach in order to study the mechanism of money creation when banks discriminate production on an ethical<br />plane. By the micro-foundation of the banks’ and firms’ behaviour, it will be shown that the ethical<br />discrimination of firms by banks is implemented by the differentiation of the mark-ups on the loan rate and how<br />this discrimination leads the system to create different credit markets according to the capacity (or willingness)<br />of firms to satisfy (or not) the ethical claims of the banks.</p>

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