{"id":"https://openalex.org/W1991789953","doi":"https://doi.org/10.4337/roke.2013.02.05","title":"Endogenous money, circuits and financialization","display_name":"Endogenous money, circuits and financialization","publication_year":2013,"publication_date":"2013-04-01","ids":{"openalex":"https://openalex.org/W1991789953","doi":"https://doi.org/10.4337/roke.2013.02.05","mag":"1991789953"},"language":"en","primary_location":{"id":"doi:10.4337/roke.2013.02.05","doi":"https://doi.org/10.4337/roke.2013.02.05","is_oa":false,"landing_page_url":"https://doi.org/10.4337/roke.2013.02.05","pdf_url":null,"source":{"id":"https://openalex.org/S2764655866","display_name":"Review of Keynesian Economics","issn_l":"2049-5323","issn":["2049-5323","2049-5331"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320353","host_organization_name":"Edward Elgar Publishing","host_organization_lineage":["https://openalex.org/P4310320353"],"host_organization_lineage_names":["Edward Elgar Publishing"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Review of Keynesian Economics","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5046996183","display_name":"Malcolm Sawyer","orcid":"https://orcid.org/0000-0002-4565-5276","observed_orcids":["https://orcid.org/0000-0002-4565-5276"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Malcolm Sawyer","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5046996183"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":3.6698,"has_fulltext":false,"cited_by_count":17,"citation_normalized_percentile":{"value":0.93732571,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"1","issue":"2","first_page":"230","last_page":"241"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.9887999892234802,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11742","display_name":"Economic Theory and Policy","score":0.9887999892234802,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11817","display_name":"Housing, Finance, and Neoliberalism","score":0.0044999998062849045,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11743","display_name":"Political Economy and Marxism","score":0.0024999999441206455,"subfield":{"id":"https://openalex.org/subfields/3312","display_name":"Sociology and Political Science"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/endogenous-money","display_name":"endogenous money","score":0.996999979019165},{"id":"https://openalex.org/keywords/circuit-analysis","display_name":"circuit analysis","score":0.7009999752044678},{"id":"https://openalex.org/keywords/financialization","display_name":"financialization","score":0.9829999804496765},{"id":"https://openalex.org/keywords/credit-creation","display_name":"credit creation","score":0.9940000176429749},{"id":"https://openalex.org/keywords/clearing-banks","display_name":"clearing banks","score":0.6890000104904175},{"id":"https://openalex.org/keywords/non-bank-financial-institutions","display_name":"non-bank financial institutions","score":0.800000011920929},{"id":"https://openalex.org/keywords/financial-assets-and-liabilities","display_name":"financial assets and liabilities","score":0.8859999775886536},{"id":"https://openalex.org/keywords/rentiers","display_name":"rentiers","score":0.7179999947547913},{"id":"https://openalex.org/keywords/neutrality-of-money","display_name":"monetary neutrality","score":0.5849999785423279}],"concepts":[{"id":"https://openalex.org/C2780837152","wikidata":"https://www.wikidata.org/wiki/Q607865","display_name":"Financialization","level":2,"score":0.8309056758880615},{"id":"https://openalex.org/C56777670","wikidata":"https://www.wikidata.org/wiki/Q60224","display_name":"Post-Keynesian economics","level":2,"score":0.8183948993682861},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7307946681976318},{"id":"https://openalex.org/C84666643","wikidata":"https://www.wikidata.org/wiki/Q3725134","display_name":"Endogenous money","level":3,"score":0.5944668650627136},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.5814592838287354},{"id":"https://openalex.org/C133425853","wikidata":"https://www.wikidata.org/wiki/Q60571","display_name":"Neoclassical economics","level":1,"score":0.44811517000198364},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4414326846599579},{"id":"https://openalex.org/C126285488","wikidata":"https://www.wikidata.org/wiki/Q178476","display_name":"Monetary policy","level":2,"score":0.24482041597366333},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.16020354628562927}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.4337/roke.2013.02.05","doi":"https://doi.org/10.4337/roke.2013.02.05","is_oa":false,"landing_page_url":"https://doi.org/10.4337/roke.2013.02.05","pdf_url":null,"source":{"id":"https://openalex.org/S2764655866","display_name":"Review of Keynesian Economics","issn_l":"2049-5323","issn":["2049-5323","2049-5331"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-c","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2"],"host_organization":"https://openalex.org/P4310320353","host_organization_name":"Edward Elgar Publishing","host_organization_lineage":["https://openalex.org/P4310320353"],"host_organization_lineage_names":["Edward Elgar Publishing"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Review of Keynesian Economics","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:elg:rokejn:v:1:y:2013:i:2:p230-241","doi":null,"is_oa":false,"landing_page_url":"http://www.elgaronline.com/view/journals/roke/1-2/roke.2013.02.05.xml","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:eprints.whiterose.ac.uk:77128","doi":null,"is_oa":false,"landing_page_url":"http://eprints.whiterose.ac.uk/77128/","pdf_url":null,"source":{"id":"https://openalex.org/S4306400854","display_name":"White Rose Research Online (University of Leeds, The University of Sheffield, University of York)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I2800616092","host_organization_name":"White Rose University Consortium","host_organization_lineage":["https://openalex.org/I2800616092"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"Article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":18,"referenced_works":["https://openalex.org/W590434357","https://openalex.org/W596447740","https://openalex.org/W1986681426","https://openalex.org/W2010556890","https://openalex.org/W2011198627","https://openalex.org/W2017115543","https://openalex.org/W2088448976","https://openalex.org/W2122511851","https://openalex.org/W2265382800","https://openalex.org/W2287033028","https://openalex.org/W2297322289","https://openalex.org/W2505454559","https://openalex.org/W2567360754","https://openalex.org/W3121887337","https://openalex.org/W3122186411","https://openalex.org/W4244871578","https://openalex.org/W4300355332","https://openalex.org/W4307492535"],"related_works":["https://openalex.org/W3005794918","https://openalex.org/W2480096206","https://openalex.org/W2046533003","https://openalex.org/W4296564536","https://openalex.org/W240108412","https://openalex.org/W1916222240","https://openalex.org/W2240113861","https://openalex.org/W2176659217","https://openalex.org/W7112361582","https://openalex.org/W2160520305"],"abstract_inverted_index":{"This":[0],"paper":[1],"locates":[2],"the":[3,14,17,22,25,28,46,71,85,97,100,104],"endogenous":[4],"money":[5],"approach":[6],"in":[7,51,59,68,84,102],"a":[8,52,60],"circuitist":[9],"framework.":[10],"It":[11],"argues":[12],"for":[13,21,99],"significance":[15],"of":[16,24,30,33,35,48,70,73,78,88,96],"credit":[18],"creation":[19],"process":[20],"evolution":[23],"economy":[26],"and":[27,76,82,93],"absence":[29],"any":[31],"notion":[32],"\u2018neutrality":[34],"money\u2019.":[36],"Clearing":[37],"banks":[38],"are":[39,109],"distinguished":[40],"from":[41],"other":[42,55],"financial":[43,56,74,80],"institutions":[44,57,81],"as":[45],"providers":[47],"initial":[49],"finance":[50,62],"circuit":[53,105],"whereas":[54],"operate":[58],"final":[61],"circuit.":[63],"Financialization":[64],"is":[65,107],"here":[66],"viewed":[67],"terms":[69],"growth":[72],"assets":[75],"liabilities,":[77],"non-bank":[79],"changes":[83],"predominant":[86],"flow":[87],"funds":[89],"between":[90],"firms,":[91],"households":[92],"rentiers.":[94],"Some":[95],"issues":[98],"way":[101],"which":[103],"analysis":[106],"developed":[108],"considered.":[110]},"counts_by_year":[{"year":2025,"cited_by_count":5},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":1},{"year":2016,"cited_by_count":1},{"year":2015,"cited_by_count":2},{"year":2013,"cited_by_count":1}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}
