Implications of a Post Keynesian reframing of the Pakistani monetary system
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- International Monetary Fund, 1992. "Fiscal Policy in Pakistan Since 1970," IMF Working Papers 1992/097, International Monetary Fund.
- McLeay, Michael & Radia, Amar & Thomas, Ryland, 2014. "Money creation in the modern economy," Bank of England Quarterly Bulletin, Bank of England, vol. 54(1), pages 14-27.
- Thomas I. Palley, 2013.
"Horizontalists, verticalists, and structuralists: the theory of endogenous money reassessed,"
Review of Keynesian Economics, Edward Elgar Publishing, vol. 1(4), pages 406—424-4, OCT.
- Thomas I. Palley, 2013. "Horizontalists, verticalists, and structuralists: The theory of endogenous money reassessed," IMK Working Paper 121-2013, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Avner Offer, 2017.
"The market turn: from social democracy to market liberalism,"
Economic History Review, Economic History Society, vol. 70(4), pages 1051-1071, November.
- Avner Offer, 2017. "The Market Turn: From Social Democracy to Market Liberalism," Oxford Economic and Social History Working Papers _149, University of Oxford, Department of Economics.
- H. Pollitt & J. -F. Mercure, 2015. "The role of money and the financial sector in energy-economy models used for assessing climate policy," Papers 1512.02912, arXiv.org.
- Ábel, István & Mérő, Katalin, 2024. "A bankszabályozás lehetőségei és korlátai az endogén pénzelmélet keretében. A bankok puha költségvetési korlátja [Possibilities and limits of banking regulation in the endogenous money theory frame," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 604-623.
- Sieroń, Arkadiusz, 2019. "Endogenous versus exogenous money: Does the debate really matter?," Research in Economics, Elsevier, vol. 73(4), pages 329-338.
- Bihari, Péter, 2015. "Odüsszeuszi utazás - az előretekintő iránymutatás tapasztalatai [An Odysseian journey - experience with forward guidance]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 749-766.
- Julien Pinter, 2022.
"Monetarist arithmetic at COVID‐19 time: A take on how not to misapply the quantity theory of money,"
Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 51(2), July.
- Julien Pinter, 2021. "Monetarist arithmetic at COVID-19 time: a take on how not to misapply the quantity theory of money," NIPE Working Papers 14/2021, NIPE - Universidade do Minho.
- Jamus Jerome Lim, 2021. "The limits of central bank independence for inflation performance," Public Choice, Springer, vol. 186(3), pages 309-335, March.
- Lenz, Rainer, 2015. "Banking 2025: The Bank of the Future," EconStor Preprints 110466, ZBW - Leibniz Information Centre for Economics.
- Luis Angeles, 2020. "Four Phases in the History of Money," Working Papers 2020_24, Business School - Economics, University of Glasgow.
- Jiahua Xu & Nikhil Vadgama, 2021. "From banks to DeFi: the evolution of the lending market," Papers 2104.00970, arXiv.org, revised Dec 2022.
- Campiglio, Emanuele, 2016.
"Beyond carbon pricing: The role of banking and monetary policy in financing the transition to a low-carbon economy,"
Ecological Economics, Elsevier, vol. 121(C), pages 220-230.
- Emanuele Campiglio, 2014. "Beyond carbon pricing: The role of banking and monetary policy in financing the transition to a low-carbon economy," GRI Working Papers 160, Grantham Research Institute on Climate Change and the Environment.
- Campiglio, Emanuele, 2015. "Beyond carbon pricing: the role of banking and monetary policy in financing the transition to a low-carbon economy," LSE Research Online Documents on Economics 65146, London School of Economics and Political Science, LSE Library.
- Phil Armstrong, 2020. "Can Heterodox Economics Make a Difference?," Books, Edward Elgar Publishing, number 19964, March.
- Thomas I. Palley, 2015. "Monetary Policy at the Zero Lower Bound and After: A Reassessment of Quantitative Easing and Critique of the Federal Reserve's Proposed Exit Strategy," Metroeconomica, Wiley Blackwell, vol. 66(1), pages 1-27, February.
- Antonio Bianco, 2015.
"Shadow banking, relationship banking, and the economics of depression,"
PSL Quarterly Review, Economia civile, vol. 68(275), pages 297-326.
- Antonio Bianco, 2015. "Shadow Banking, Relationship Banking, and the Economics of Depression," Working Papers 5/15, Sapienza University of Rome, DISS.
- Josep Ferret Mas & Alexander Mihailov, 2021. "Green Quantitative Easing as Intergenerational Climate Justice: On Political Theory and Pareto Efficiency in Reversing Now Human-Caused Environmental Damage," Economics Discussion Papers em-dp2021-16, Department of Economics, University of Reading.
- Josh Ryan-Collins, 2021. "Breaking the housing–finance cycle: Macroeconomic policy reforms for more affordable homes," Environment and Planning A, , vol. 53(3), pages 480-502, May.
- Ramis Khabibullin & Alexey Ponomarenko & Sergei Seleznev, 2018. "Forecasting the implications of foreign exchange reserve accumulation with an agent-based model," Bank of Russia Working Paper Series wps37, Bank of Russia.
- Marc Lavoie & Severin Reissl, 2019.
"Further insights on endogenous money and the liquidity preference theory of interest,"
Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 42(4), pages 503-526, October.
- Marc Lavoie & Severin Reissl, 2018. "Further insights on endogenous money and the liquidity preference theory of interest," FMM Working Paper 17-2018, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Caiani, Alessandro & Godin, Antoine & Caverzasi, Eugenio & Gallegati, Mauro & Kinsella, Stephen & Stiglitz, Joseph E., 2016. "Agent based-stock flow consistent macroeconomics: Towards a benchmark model," Journal of Economic Dynamics and Control, Elsevier, vol. 69(C), pages 375-408.
- Sebastian Gechert, 2023. "Fiscal policy: post- or New Keynesian?," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 20(2), pages 338-355, November.
More about this item
Keywords
Money supply; central banking; financial fragility; State Bank of Pakistan; endogenous money;All these keywords.
JEL classification:
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
- B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2024-08-12 (Banking)
- NEP-CBA-2024-08-12 (Central Banking)
- NEP-HME-2024-08-12 (Heterodox Microeconomics)
- NEP-MON-2024-08-12 (Monetary Economics)
- NEP-PAY-2024-08-12 (Payment Systems and Financial Technology)
- NEP-PKE-2024-08-12 (Post Keynesian Economics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:new:wpaper:2411. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mark Setterfield (email available below). General contact details of provider: https://edirc.repec.org/data/denewus.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.