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Credit, money and economic growth: two volumes in honour of Lavoie and Seccareccia

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  • Enrico Sergio Levrero

    (Roma Tre University)

Abstract

This review article provides a brief outline of the content of two recent volumes edited by Rochon and Bougrine in honour of Lavoie and Seccareccia. Observations are then advanced on two points raised in the two volumes, namely the effect of the monetary policies on income distribution and the implications of the zero lower bound on the monetary policy. Finally, some contributions focusing on secular stagnation are commented on.

Suggested Citation

  • Enrico Sergio Levrero, 2021. "Credit, money and economic growth: two volumes in honour of Lavoie and Seccareccia," Bulletin of Political Economy, Bulletin of Political Economy, vol. 15(1), pages 93-108, June.
    • Handle: RePEc:awu:journl:v:15:y:2021:i:1:p:93-108
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    References listed on IDEAS

    as
    1. Marc Lavoie & Mario Seccareccia (ed.), 2004. "Central Banking in the Modern World," Books, Edward Elgar Publishing, number 3297.
    2. Lawrence H Summers, 2014. "U.S. Economic Prospects: Secular Stagnation, Hysteresis, and the Zero Lower Bound," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 49(2), pages 65-73, April.
    3. Garegnani, Pierangelo, 1979. "Notes on Consumption, Investment and Effective Demand: A Reply to Joan Robinson," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 3(2), pages 181-187, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Credit; money; monetary policy and income distribution; effective demand and economic growth; secular stagnation.;
    All these keywords.

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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