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

Autor: Norberto Montani Martins, Isadora Bonitz Silva Gomes

Publikováno v: Cuadernos de Economía, Vol 42, Iss 88 (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. An empiric

Externí odkaz: https://doaj.org/article/31e97cc5144347f38a692dfb5c0a580b

What analytical framework for Sovereign Money? Some insight from the 100% Money literature, and a comment on criticisms

Autor: Demeulemeester, Samuel

The 2007-2008 Global Financial Crisis has brought renewed interest in the 100% Money reform idea of the 1930s', the essence of which was to require 100% reserves on transaction deposits so as separate money issuance from bank loans. A modern version

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=od______3393::b5c4e8114bee94b4ef4ca855142192c4
https://hal.science/hal-03751756/file/Demeulemeester_(2022)_-_What_analytical_framework_for_Sovereign_Money.pdf

Credit Creation Banking: a licence to print money within the paradox of debt

Autor: Brun, Frank Michael

The essence of the capitalist engine, as Geoffrey Ingham tells us in ‘Capitalism’ is the ability by banks to be able to create credit money on nothing but a promise to repay. This thesis investigates whether the two major financial crises of the

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=od_______293::c917bce05a3eea1e9b9179272dc310c6
https://hdl.handle.net/2123/28571

Money and Debt: The Public Role of Banks

Autor: Stellinga, Bart, de Hoog, Josta, van Riel, Arthur, de Vries, Casper

This Open Access book from the Netherlands Scientific Council for Government Policy explains how money creation and banking works, describes the main problems of the current monetary and financial system and discusses several reform options. This boo

Externí odkaz: https://library.oapen.org/handle/20.500.12657/50029

On the Equivalence of Private and Public Money

Autor: Markus K. Brunnermeier, Dirk Niepelt

Publikováno v: Brunnermeier, Markus K.; Niepelt, Dirk (May 2019). On the Equivalence of Private and Public Money (NBER Working Paper Series 25877). Cambridge, MA: National Bureau of Economic Research 10.3386/w25877
Brunnermeier, Markus K.; Niepelt, Dirk (May 2019). On the Equivalence of Private and Public Money (Discussion Papers 19-03). Bern: Department of Economics

When does a swap between private and public money leave the equilibrium allocation and price system unchanged? To answer this question, the paper sets up a generic model of money and liquidity which identifies sources of seignorage rents and liquidit

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::ab663f9995a6a38f0628886083c1af13
https://boris.unibe.ch/138659/1/w25877.pdf