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Credit, money and economic growth: two volumes in honour of Lavoie and Seccareccia

Enrico Levrero

Bulletin of Political Economy, 2021, vol. 15, issue 1, 93-108

Abstract: This review article provides a brief outline of the content of two recent volumes edited by Rochon and Bougrine in honour of Lavoie and Seccareccia. Observations are then advanced on two points raised in the two volumes, namely the effect of the monetary policies on income distribution and the implications of the zero lower bound on the monetary policy. Finally, some contributions focusing on secular stagnation are commented on.

Keywords: Credit; money; monetary policy and income distribution; effective demand and economic growth; secular stagnation. (search for similar items in EconPapers)
JEL-codes: E12 E4 E5 (search for similar items in EconPapers)
Date: 2021
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