Money in the modern economy: an introduction

By M. McLeay, Amar Radia, Ryland Thomas. 2014

150 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/b87ffa186b7bfa3d00b6dca87cdf098760402929

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

1. John Barrdear
2. Benjamin Braun
3. Michael Kumhof
4. U. Bindseil
5. Jens van ’t Klooster

Citations in the corpus

• Speaking to the people? Money, trust, and central bank legitimacy in the age of quantitative easing (2016, background): “(McLeay et al., 2014b: 15) Thirdly, and most significantly, the Bulletin articles rejected the monetary base multiplier and the myth of exogenous money – and thus the notion of central bank control of the money supply: In normal times, the central bank does not fix the amount of money in…”
• How do banks create money, and why can other firms not do the same? An explanation for the coexistence of lending and deposit-taking☆ (2014, background): “An explanation for the coexistence of lending and deposit-taking☆ Richard A. Werner”
• The Macroeconomics of Central Bank Issued Digital Currencies (2016, background): “Bitcoin was the first such system, being launched in January 2009 following the earlier release of a white paper describing its operation (Nakamoto (2008)).”