Horizontalists, verticalists, and structuralists

Palley, T. (2013). Horizontalists, verticalists, and structuralists: The theory of endogenous money reassessed.

Type

Unclassified

Intellectual base

Unclassified

Year

2013

Link

no authoritative link yet

Cited by

1 citation across 1 artifact.

Domain-specific

• Horizontalism
  • Horizontalism holds that the central bank sets the short-term reserve price while supplying reserves elastically, so the quantity of money is driven endogenously by credit demand rather than an exogenous reserve stock.

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