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Keynesian Monetary Theory: Liquidity Preference or Black Box Horizontalism?

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  • L. Randall Wray

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  • L. Randall Wray, 1995. "Keynesian Monetary Theory: Liquidity Preference or Black Box Horizontalism?," Journal of Economic Issues, Taylor & Francis Journals, vol. 29(1), pages 273-282, March.
    • Handle: RePEc:mes:jeciss:v:29:y:1995:i:1:p:273-282
    DOI: 10.1080/00213624.1995.11505654
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    References listed on IDEAS

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    1. L. R. Wray, 1990. "Money and Credit in Capitalist Economies," Books, Edward Elgar Publishing, number 474.
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    Cited by:

    1. Marc Lavoie, 2001. "Endogenous Money in a Coherent Stock-Flow Framework," Economics Working Paper Archive wp_325, Levy Economics Institute.
    2. Nayan, Sabri & Ahmad, Mahyudin & Kadir, Norsiah & Abdullah, Mat Saad, 2013. "Post Keynesian Endogeneity of Money Supply: Panel Evidence," MPRA Paper 48716, University Library of Munich, Germany.
    3. Badarudin, Z.E. & Ariff, M. & Khalid, A.M., 2013. "Post-Keynesian money endogeneity evidence in G-7 economies," Journal of International Money and Finance, Elsevier, vol. 33(C), pages 146-162.
    4. Hein, Eckhard, 2010. "The rate of interest as a macroeconomic distribution parameter: Horizontalism and Post-Keynesian models of distribution of growth," MPRA Paper 23372, University Library of Munich, Germany.
    5. M. Lopreite, 2012. "The endogenous money hypothesis and securitization: the Euro area case (1999-2010)," Economics Department Working Papers 2012-EP02, Department of Economics, Parma University (Italy).
    6. Wasanthi Thenuwara & Bryan Morgan, 2017. "Monetary targeting in Sri Lanka: how much control does the central bank have over the money supply?," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 41(2), pages 276-296, April.
    7. Olivier Brossard, 1998. "Comportement vis-à-vis de la liquidité et instabilité conjoncturelle : une réflexion sur la préférence pour la liquidité," Cahiers d'Économie Politique, Programme National Persée, vol. 30(1), pages 123-146.
    8. Marc Lavoie, 2022. "Post-Keynesian Economics," Books, Edward Elgar Publishing, number 19900.
    9. Giuseppe Fontana & Ezio Venturino, 2003. "Endogenous Money: An Analytical Approach," Scottish Journal of Political Economy, Scottish Economic Society, vol. 50(4), pages 398-416, September.
    10. Claudio Borio, 2019. "On money, debt, trust and central banking," BIS Working Papers 763, Bank for International Settlements.
    11. Louis-Philippe Rochon, 2001. "Cambridge's Contribution to Endogenous Money: Robinson and Kahn on credit and money," Review of Political Economy, Taylor & Francis Journals, vol. 13(3), pages 287-307.
    12. Eckhard Hein, 2014. "Distribution and Growth after Keynes," Books, Edward Elgar Publishing, number 15903.
    13. Giuseppe Fontana, 2004. "Rethinking Endogenous Money: A Constructive Interpretation Of The Debate Between Horizontalists And Structuralists," Metroeconomica, Wiley Blackwell, vol. 55(4), pages 367-385, November.
    14. Usman Ghani & Md Kamal Hossain, 2023. "The Role and Importance of Liquidity Preference, Marginal Efficiency of Capital, and Marginal Propensity to Consume in Keynes's General Theory," International Journal of Science and Business, IJSAB International, vol. 20(1), pages 58-70.
    15. Levrero, Enrico Sergio & Deleidi, Matteo, 2017. "The money creation process: A theoretical and empirical analysis for the US," MPRA Paper 81970, University Library of Munich, Germany.

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