Transformational Growth within the Monetary Circuit

Dicle Özdemir

doi:10.18037/ausbd.550243

Transformational Growth within the Monetary Circuit

Öz

Endogenous money view can be described as the supply of money is not under the absolute control of the central banks and emerges endogenously within financial markets, market structure and credit availability. Most importantly, the theory of endogenous money reveals enormous significance of the source of interest rates in the definition of financial fragility. The aim of this article is to present the post-Keynesian theme of the monetary circuit as argued by the General Theory of Transformational Growth. According to this approach, capital adequacy requirements are procyclical, and for this reason, it is important to analyze the relationship between the growth rate and the rate of interest, since the growth of bank capital is tied to the latter.

Anahtar Kelimeler

Endogenous Money,Growth,Interest Rate,Liquidity

Kaynakça

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Minsky, H. (1996). The Essencial Caracteristics of Post Keynesian Economics. In G. Deleplace and E. Nell (ed.), Money in Motion, Macmillan Press, London.
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Ayrıntılar

Birincil Dil

İngilizce

Konular

-

Bölüm

Araştırma Makalesi

Yazarlar

Dicle Özdemir
Türkiye

Yayımlanma Tarihi

21 Mart 2019

Gönderilme Tarihi

9 Nisan 2018

Kabul Tarihi

10 Aralık 2018

Yayımlandığı Sayı

Yıl 2019 Cilt: 19 Sayı: 1

DOI

https://doi.org/10.18037/ausbd.550243

IZ

https://izlik.org/JA78FD63AL

Kaynak Göster

RIS / Bibtex

APA

Özdemir, D. (2019). Transformational Growth within the Monetary Circuit. Anadolu Üniversitesi Sosyal Bilimler Dergisi, 19(1), 47-54. https://doi.org/10.18037/ausbd.550243

AMA

1.Özdemir D. Transformational Growth within the Monetary Circuit. AÜSBD. 2019;19(1):47-54. doi:10.18037/ausbd.550243

Chicago

Özdemir, Dicle. 2019. “Transformational Growth within the Monetary Circuit”. Anadolu Üniversitesi Sosyal Bilimler Dergisi 19 (1): 47-54. https://doi.org/10.18037/ausbd.550243.

EndNote

Özdemir D (01 Mart 2019) Transformational Growth within the Monetary Circuit. Anadolu Üniversitesi Sosyal Bilimler Dergisi 19 1 47–54.

IEEE

[1]D. Özdemir, “Transformational Growth within the Monetary Circuit”, AÜSBD, c. 19, sy 1, ss. 47–54, Mar. 2019, doi: 10.18037/ausbd.550243.

ISNAD

Özdemir, Dicle. “Transformational Growth within the Monetary Circuit”. Anadolu Üniversitesi Sosyal Bilimler Dergisi 19/1 (01 Mart 2019): 47-54. https://doi.org/10.18037/ausbd.550243.

JAMA

1.Özdemir D. Transformational Growth within the Monetary Circuit. AÜSBD. 2019;19:47–54.

MLA

Özdemir, Dicle. “Transformational Growth within the Monetary Circuit”. Anadolu Üniversitesi Sosyal Bilimler Dergisi, c. 19, sy 1, Mart 2019, ss. 47-54, doi:10.18037/ausbd.550243.

Vancouver

1.Dicle Özdemir. Transformational Growth within the Monetary Circuit. AÜSBD. 01 Mart 2019;19(1):47-54. doi:10.18037/ausbd.550243