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