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Pricing, Investment and the Financing of Production Within the Framework of the Monetary Circuit: Some Preliminary Evidence

Mario Seccareccia (mseccare@uottawa.ca)

Working Papers from University of Ottawa, Department of Economics

Abstract: The purpose of this paper is to analyze two aspects of the flux-reflux principle that is at the core of the theory of the monetary circuit. These pertain to (i) the issue of how investment is financed and (ii) the related phenomenon of internal financing of investment and pricing. Preliminary empirical evidence, based on postwar Canadian observations, provides a useful insight into the nature of the monetary mechanism.

Keywords: MONETARY POLICY; INVESTMENT POLICY (search for similar items in EconPapers)
JEL-codes: E22 E52 (search for similar items in EconPapers)
Pages: 26 pages
Date: 1996
References: Add references at CitEc
Citations: View citations in EconPapers (17)

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Persistent link: https://EconPapers.repec.org/RePEc:ott:wpaper:9609e

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