Results 11 to 20 of about 6,534 (258)

Debating modern monetary theory [PDF]

open access: yesThe Japanese Political Economy, 2020
Modern Monetary Theory (MMT) has one indisputable achievement to its name: it threw down a challenge to mainstream Economics and forced it to respond, above all in the USA.
Costas Lapavitsas, Bob Rowthorn
openaire   +1 more source

AD-AS Analysis from the Perspective of Functional Finance Theory and MMT

open access: yesFolia Oeconomica Stetinensia, 2023
In the past few years, MMT (Modern Money Theory or Modern Monetary Theory) has been increasingly discussed in Japan as well as in the U.S. However, both in the U.S.
Tanaka Yasuhito
doaj   +1 more source

Von der Modern Monetary Theory zur Forderung einer Jobgarantie

open access: yesMomentum Quarterly, 2020
Analytischer Ausgangspunkt der MMT ist die Tatsache, dass der Staat das Währungsmonopol besitzt. Dieses ermöglicht ihm, die zur Erfüllung der staatlichen Aufgaben benötigten Ressourcen aus dem Privatsektor zu mobilisieren.
Maurice Höfgen, Dirk Ehnts
doaj   +1 more source

MMT, monetary sovereignty and fiscal policy space in Brazil (1999-2019)

open access: yesCuadernos de Economía, 2023
There are controversies regarding the applicability of Modern Money Theory (MMT) to emerging countries. In this paper, we shed light on this debate by analyzing the monetary sovereignty and fiscal policy regime in Brazil from 1999 to 2019.
Norberto Montani Martins   +1 more
doaj   +1 more source

Is Modern Monetary Theory a Real Solution for All US Economic Problems?

open access: yesVestnik MGIMO-Universiteta, 2021
Book review: Kelton S. 2020. The Deficit Myth. Sydney: McPhersons Printing Group. 325 p. ISBN 978-1-529-35253-5.
E. A. Chernysheva
doaj   +1 more source

Formal and Functional Analysis of the Role of Money in the Reproduction Process: New Aspects of the Modern Theory of Money

open access: yesФинансы: теория и практика, 2021
The authors investigate the role of money in the reproduction process from the perspective of a functional approach, including the influence of external factors.
M. A. Abramova   +2 more
doaj   +1 more source

Relationship between fiscal deficits and unemployment in South Africa

open access: yesJournal of Economic and Financial Sciences, 2022
Orientation: Heterodox economic scholarship has challenged the neoclassical doctrine that fiscal deficit increases unemployment in the long-term.
Juniours Marire
doaj   +1 more source

Financialisation and the limits of circuit theory

open access: yesFinance and Society, 2020
The theory of the monetary circuit aims to provide a highly stylised account of the workings of a modern monetary production economy. While there may have been a time when it succeeded in this aim, that time is over.
Photis Lysandrou
doaj   +1 more source

The Monetary Economics of the Austrian School and the Chicago School

open access: yesQuarterly Journal of Austrian Economics, 2023
To what extent is there complementarity or agreement between Austrian economics and the Chicago school on monetary issues? Both Austrians and Chicagoans would agree that monetary expansion has real effects in the short run, though they emphasize ...
Pascal Salin
doaj   +1 more source

Marxism and MMT: How Modern Monetary Theory Can Enrich the Debate among Marxists

open access: yesWorld Review of Political Economy, 2021
As of now, there has been a relatively insufficient amount of scholarship tying Marxist theory to Modern Monetary Theory (MMT). This article argues that Marxists should take a closer look at the economic theory.
Anthony William Donald Anastasi
doaj   +1 more source

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