{"id":286,"date":"2018-10-13T21:04:01","date_gmt":"2018-10-13T21:04:01","guid":{"rendered":"https:\/\/www.quantum-macroeconomics.info\/?page_id=286"},"modified":"2018-10-14T15:16:08","modified_gmt":"2018-10-14T15:16:08","slug":"quaderni-di-ricerca-3","status":"publish","type":"page","link":"https:\/\/www.quantum-macroeconomics.info\/index.php\/language\/fr\/quaderni-di-ricerca-3\/","title":{"rendered":"Quaderni di ricerca"},"content":{"rendered":"

La s\u00e9rie des\u00a0Quaderni di ricerca <\/em>a \u00e9t\u00e9 cr\u00e9\u00e9e par le Laboratoire de recherche en \u00e9conomie mon\u00e9taire (RMELab), un institut du Centre d’\u00e9tudes bancaires \u00a0(CSB) de Lugano-Vezia, Suissse, afin d’explorer et de proposer de nouvelles lignes de recherche dans le domaine de l’\u00e9conomie mon\u00e9taire . L’un des objectifs de cette s\u00e9rie de working papers \u00e8 di pr\u00e9senter au lecteur les d\u00e9couvertes les plus importantes d’un programme \u00a0de recherche centr\u00e9 autour de la monnaie bancaire. \u00a0Un autre objectif est celui de lancer un d\u00e9bat scientifique sur les aspects principaux de l’\u00e9conomie mon\u00e9taire. Il est n\u00e9cessaire de progresser dans la connaissance des lois de l’\u00e9conomie mon\u00e9taire si l’on veut clarifier et combattre les pathologies telles que l’inflation, le ch\u00f4mage, la fluctuation erratique des taux de change et la crise de la dette souveraine.<\/p>\n

 <\/p>\n

1. The Double Charge of External Debt Servicing,\u00a0by Bernard Schmitt<\/em><\/a><\/p>\n

This first working paper is symbolically devoted to the external debt problem and gives a foretaste of our approach and shows the way we tend to contribute to this urgent task.<\/p>\n

 <\/p>\n

2. World Monetary Disorders \u2013 Exchange Rate Erratic Fluctuations, by Alvaro Cencini<\/a><\/p>\n

Why do exchange rates fluctuate? In this paper we shall attempt to show how the problem should be tackled in order to develop a solution that guarantees an intrinsic exchange rate stability.<\/p>\n

 <\/p>\n

3. Why the Net Interest on External Debt Weighs Double on LCDs,\u00a0by Bernard Schmitt<\/em><\/a><\/p>\n

What this paper purports to prove is that the sum of net interests paid by developing countries to the rest of the world runs to a total cost equal to twice its value.<\/p>\n

 <\/p>\n

4. What Future for the International and European Monetary Systems,\u00a0by Alvaro Cencini<\/em><\/a><\/p>\n

In the present system, fixed exchange rates have a cost that exceeds their advantages and makes them not viable in the long term. What is needed at the international level is a system in which exchange rate stability becomes an automatic result of its current mechanism, without any need for countries to intervene on the foreign exchange market or to limit their monetary sovereignty. This may be achieved through a reform allowing for the vehicular use of the unit chosen as the international currency, and based on the principles of bank money and multilateral clearing.<\/p>\n

 <\/p>\n

5. An Experience in Banking Departimentalisation \u2013 The Bank Act of 1844,\u00a0by Xavier Bradley<\/em><\/a><\/p>\n

the endogenous money approach enables us to consider anew the question of banking structures designed to prevent malfunctions in money creation. Analysing the shortcomings of the Bank Act of 1844 then allows to lay the basis for a system of departmentalisation at the level of the commercial banks. This would enable the banks to isolate credit for the creation of new incomes and credit for the loan of existing incomes to finance consumption and capital accumulation.<\/p>\n

 <\/p>\n

6. The Meaning of Bank Deposits,\u00a0by Sergio Rossi<\/em><\/a><\/p>\n

In an attempt to build a bridge between the liquid store of wealth and the means of payment conceptions of money, this paper suggests that Smith\u2019s (1976) distinction between money proper and money\u2019s worth may be useful in order to disentangle,\u00a0at the conceptual level, the two principal functions that the thing called \u2018money\u2019 carries out within a
\nmodern production economy.<\/p>\n

 <\/p>\n

7. Revisiting Hayek \u2013 The Nexus of Value, Knowledge and Politics,\u00a0by Niklas S. Damiris<\/em><\/a><\/p>\n

This is an essay in the history of ideas exploring the implications of Hayek\u2019s complex body of work for doing social science.<\/p>\n

 <\/p>\n

8. A Metodological Issue \u2013 Ex Ante and Ex Post Analysis Irrelevant to Keynes\u2019s Theory of Employment,\u00a0by Claude Gnos<\/em><\/a><\/p>\n

I propose to examine Keynes\u2019s genuine reasoning. I shall argue that his dismissal of ex ante and ex post analysis is not an oddity at all: it is in accordance with\u00a0his theory of the effective demand and his rejection of the orthodox theory which considered employment as a variable determined within a comprehensive price system.<\/p>\n

 <\/p>\n

9. Economics and Mathematics,\u00a0by Joseba Felix Tobar-Arbulu<\/em><\/a><\/p>\n

We can define pure mathematics as the investigation, by conceptual (a priori) means, of problems concerning conceptual systems, or members of such, with the aim of finding (inventing or discovering) the patterns satisfied by such objects \u2013 a finding justified only by rigorous proof.<\/p>\n

 <\/p>\n

10. Neoclassical, New Classical and New Business Cycle Economics \u2013 A Critical Survey,\u00a0by Alvaro Cencini<\/em><\/a><\/p>\n

We will instead present a critical evaluation of the major theoretical features shared by these three analytical frameworks, with the explicit purpose of clearing the way for a new macroeconomic approach to macroeconomics.<\/p>\n

 <\/p>\n

11. Central Bank Money and Payment Finality,\u00a0by Sergio Rossi<\/em><\/a><\/p>\n

This paper investigates the question of payment finality at the interbank level, that is, in the monetary circuit involving banks and the central bank at the top of them.<\/p>\n

 <\/p>\n

12. Between Nations, the Interest Multiplier is Equal to 2,\u00a0by Bernard Schmitt<\/em><\/a><\/p>\n

In this paper we present an idea that is either utter nonsense or truly \u201crevolutionary\u201d. We claim that the interest payments effected by the debtor country, x billion dollars, increase its total debt stocks by the sum of x billion dollars while, at the same time, diminishing its official reserves by an equivalent amount, x billion dollars again. If this double effect proves to be true, the \u201cinterest theorem\u201d is established.<\/p>\n

 <\/p>\n

14. Endogenous Money \u2013 The Evolutionary versus Revolutionary Views,\u00a0by Luis-Philippe Rochon and Sergio Rossi<\/em><\/a><\/p>\n

The purpose of this paper is therefore to shed further light on the endogenous nature of money. Contrary to the
\nestablished post-Keynesian perspective \u2013 what we call here the evolutionary view \u2013 we argue that money has always
\nbeen endogenous, irrespective of the historical period.<\/p>\n","protected":false},"excerpt":{"rendered":"

La s\u00e9rie des\u00a0Quaderni di ricerca a \u00e9t\u00e9 cr\u00e9\u00e9e par le Laboratoire de recherche en \u00e9conomie mon\u00e9taire (RMELab), un institut du Centre d’\u00e9tudes bancaires \u00a0(CSB) de Lugano-Vezia, Suissse, afin d’explorer et de proposer de nouvelles lignes de recherche dans le domaine de l’\u00e9conomie mon\u00e9taire . L’un des objectifs de cette s\u00e9rie de working papers \u00e8 di pr\u00e9senter au lecteur les d\u00e9couvertes les plus importantes d’un programme \u00a0de recherche centr\u00e9 autour de…<\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.quantum-macroeconomics.info\/index.php\/wp-json\/wp\/v2\/pages\/286"}],"collection":[{"href":"https:\/\/www.quantum-macroeconomics.info\/index.php\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.quantum-macroeconomics.info\/index.php\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.quantum-macroeconomics.info\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.quantum-macroeconomics.info\/index.php\/wp-json\/wp\/v2\/comments?post=286"}],"version-history":[{"count":4,"href":"https:\/\/www.quantum-macroeconomics.info\/index.php\/wp-json\/wp\/v2\/pages\/286\/revisions"}],"predecessor-version":[{"id":308,"href":"https:\/\/www.quantum-macroeconomics.info\/index.php\/wp-json\/wp\/v2\/pages\/286\/revisions\/308"}],"wp:attachment":[{"href":"https:\/\/www.quantum-macroeconomics.info\/index.php\/wp-json\/wp\/v2\/media?parent=286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}