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

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.

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Year of publication:	1996
Authors:	Seccareccia, M
Subject:	MONETARY POLICY \| INVESTMENT POLICY

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Type of publication:	Book / Working Paper
Notes:	26 pages
Classification:	E52 - Monetary Policy (Targets, Instruments, and Effects) ; E22 - Capital; Investment (including Inventories); Capacity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005625554