Matches in SemOpenAlex for { <https://semopenalex.org/work/W2057403911> ?p ?o ?g. }
Showing items 1 to 48 of
48
with 100 items per page.
- W2057403911 endingPage "217" @default.
- W2057403911 startingPage "201" @default.
- W2057403911 abstract "Palley (Inside debt, aggregate demand, and the Cambridge theory of distribution, Cambridge Journal of Economics, vol. 20, no. 4, 465--74, 1996; Financial institutions and the Cambridge theory of distribution, Cambridge Journal of Economics, vol. 26, no. 2, 275--7, 2002) considers the Pasinetti theorem in the context of the credit money system where banks generate debts endogenously, and claims that the theorem ceases to hold in such a system, being valid only in the loanable funds system. This paper traces the root of Palley's claim to his assumption regarding the ownership of banks, sets out an alternative (more realistic) ownership arrangement, and thereby restores the Pasinetti theorem unscathed in the credit money system (at least in the kind Palley must have considered). The paper, however, uncovers the case where the theorem indeed collapses and discusses the reason for it: the hoarding of a non-interest-bearing asset. Copyright 2006, Oxford University Press." @default.
- W2057403911 created "2016-06-24" @default.
- W2057403911 creator A5015410735 @default.
- W2057403911 date "2005-06-06" @default.
- W2057403911 modified "2023-10-18" @default.
- W2057403911 title "The financial system and the Pasinetti theorem" @default.
- W2057403911 cites W2025896513 @default.
- W2057403911 cites W2034956967 @default.
- W2057403911 cites W2071295783 @default.
- W2057403911 cites W2113149249 @default.
- W2057403911 cites W2478361974 @default.
- W2057403911 cites W4243678657 @default.
- W2057403911 doi "https://doi.org/10.1093/cje/bei056" @default.
- W2057403911 hasPublicationYear "2005" @default.
- W2057403911 type Work @default.
- W2057403911 sameAs 2057403911 @default.
- W2057403911 citedByCount "7" @default.
- W2057403911 countsByYear W20574039112016 @default.
- W2057403911 countsByYear W20574039112018 @default.
- W2057403911 countsByYear W20574039112021 @default.
- W2057403911 countsByYear W20574039112022 @default.
- W2057403911 crossrefType "journal-article" @default.
- W2057403911 hasAuthorship W2057403911A5015410735 @default.
- W2057403911 hasConcept C144237770 @default.
- W2057403911 hasConcept C162324750 @default.
- W2057403911 hasConceptScore W2057403911C144237770 @default.
- W2057403911 hasConceptScore W2057403911C162324750 @default.
- W2057403911 hasIssue "2" @default.
- W2057403911 hasLocation W20574039111 @default.
- W2057403911 hasOpenAccess W2057403911 @default.
- W2057403911 hasPrimaryLocation W20574039111 @default.
- W2057403911 hasRelatedWork W1502198272 @default.
- W2057403911 hasRelatedWork W1998718379 @default.
- W2057403911 hasRelatedWork W2017540542 @default.
- W2057403911 hasRelatedWork W2027959633 @default.
- W2057403911 hasRelatedWork W2054677056 @default.
- W2057403911 hasRelatedWork W2073254488 @default.
- W2057403911 hasRelatedWork W2136096971 @default.
- W2057403911 hasRelatedWork W2138308211 @default.
- W2057403911 hasRelatedWork W2139151340 @default.
- W2057403911 hasRelatedWork W2899084033 @default.
- W2057403911 hasVolume "30" @default.
- W2057403911 isParatext "false" @default.
- W2057403911 isRetracted "false" @default.
- W2057403911 magId "2057403911" @default.
- W2057403911 workType "article" @default.