Money and banking

Marc Lavoie and Mario Seccareccia ()

Post-Print from HAL

Abstract: The chapter explains the heterodox approach to money and banking and contrasts it with the mainstream. It focuses on the importance of the creation and destruction of money by the banking system and on the crucial role played by the interbank market for funds and the payment and settlement system. It points out the credit money creation is demand led.

Keywords: credit money; settlement system; interbank market; banking system; heterodox approach to money and banking (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Published in LP. Rochon and S. Rossi. Introduction to Heterodox Macroeconomics, Edward Elgar, pp.97-116, 2016, 9781849801119

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01435719

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().