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Endogenous money and the multiplier

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Author Info
Allin Cottrell
Abstract

The paper criticizes Basil Moore's contention (in his 1988 book, "Horizontalists and Verticalists") that the theory of endogenous money invalidates the 'traditional' Keynesian idea of the multiplier.

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File URL: ftp://csf.colorado.edu/econ/authors/Cottrell.Allin/multiplier.ps
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Paper provided by Post-Keynesian Archive in its series Papers deposited by Authors with number _012.

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Handle: RePEc:wop:pokear:_012

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This page was last updated on 2008-10-3.

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