The housing market-bank credit relationship: Some thoughts on its causality

The dominance of the orthodox paradigm over the last decades prior to the “great recession” left no room for the notion of “endogenous money” in the development of economic theory. However, this alternative direction of the causality of demand for money-credit and economic activity has been...

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Bibliographic Details
Main Authors: Arestis Philip, González Ana Rosa
Format: Article
Language:English
Published: Economists' Association of Vojvodina 2014-01-01
Series:Panoeconomicus
Subjects:
Online Access:http://www.doiserbia.nb.rs/img/doi/1452-595X/2014/1452-595X1402145A.pdf