{"id":"https://openalex.org/W2011198627","doi":"https://doi.org/10.1111/j.1467-999x.2004.00198.x","title":"RETHINKING ENDOGENOUS MONEY: A CONSTRUCTIVE INTERPRETATION OF THE DEBATE BETWEEN HORIZONTALISTS AND STRUCTURALISTS","display_name":"RETHINKING ENDOGENOUS MONEY: A CONSTRUCTIVE INTERPRETATION OF THE DEBATE BETWEEN HORIZONTALISTS AND STRUCTURALISTS","publication_year":2004,"publication_date":"2004-10-07","ids":{"openalex":"https://openalex.org/W2011198627","doi":"https://doi.org/10.1111/j.1467-999x.2004.00198.x","mag":"2011198627"},"language":"en","primary_location":{"id":"doi:10.1111/j.1467-999x.2004.00198.x","doi":"https://doi.org/10.1111/j.1467-999x.2004.00198.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1467-999x.2004.00198.x","pdf_url":null,"source":{"id":"https://openalex.org/S171812798","display_name":"Metroeconomica","issn_l":"0026-1386","issn":["0026-1386","1467-999X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Metroeconomica","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://papers.ssrn.com/sol3/Delivery.cfm/meca_198.pdf?abstractid=602011&mirid=1","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5103242535","display_name":"Giuseppe Fontana","orcid":"https://orcid.org/0000-0002-8055-5326","observed_orcids":["https://orcid.org/0000-0002-8055-5326"]},"institutions":[{"id":"https://openalex.org/I130828816","display_name":"University of Leeds","ror":"https://ror.org/024mrxd33","country_code":"GB","type":"education","lineage":["https://openalex.org/I130828816"]}],"countries":["GB"],"is_corresponding":true,"raw_author_name":"Giuseppe Fontana","raw_affiliation_strings":["Leeds University Business School"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Leeds University Business School","institution_ids":["https://openalex.org/I130828816"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5103242535"],"corresponding_institution_ids":["https://openalex.org/I130828816"],"apc_list":{"value":3350,"currency":"USD","value_usd":3350},"apc_paid":null,"fwci":3.1594,"has_fulltext":false,"cited_by_count":63,"citation_normalized_percentile":{"value":0.922977,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":100},"biblio":{"volume":"55","issue":"4","first_page":"367","last_page":"385"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.4772999882698059,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"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/T12137","display_name":"Economic theories and models","score":0.4772999882698059,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"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/T11742","display_name":"Economic Theory and Policy","score":0.41920000314712524,"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/T10007","display_name":"Monetary Policy and Economic Impact","score":0.0828000009059906,"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"}}],"keywords":[{"id":"https://openalex.org/keywords/endogenous-money","display_name":"endogenous money","score":0.9929999709129333},{"id":"https://openalex.org/keywords/reserve-markets","display_name":"reserve markets","score":0.7760000228881836},{"id":"https://openalex.org/keywords/credit-markets","display_name":"credit markets","score":0.9829999804496765},{"id":"https://openalex.org/keywords/financial-markets","display_name":"financial markets","score":0.9430000185966492},{"id":"https://openalex.org/keywords/monetary-theory","display_name":"monetary theory","score":0.6470000147819519}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.8349066972732544},{"id":"https://openalex.org/C2778701210","wikidata":"https://www.wikidata.org/wiki/Q28130034","display_name":"Constructive","level":3,"score":0.8337118029594421},{"id":"https://openalex.org/C527412718","wikidata":"https://www.wikidata.org/wiki/Q855395","display_name":"Interpretation (philosophy)","level":2,"score":0.7625033855438232},{"id":"https://openalex.org/C165556158","wikidata":"https://www.wikidata.org/wiki/Q83937","display_name":"Keynesian economics","level":1,"score":0.38314712047576904},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.35273006558418274},{"id":"https://openalex.org/C133425853","wikidata":"https://www.wikidata.org/wiki/Q60571","display_name":"Neoclassical economics","level":1,"score":0.3419210612773895},{"id":"https://openalex.org/C118084267","wikidata":"https://www.wikidata.org/wiki/Q26110","display_name":"Positive economics","level":1,"score":0.33433598279953003},{"id":"https://openalex.org/C98045186","wikidata":"https://www.wikidata.org/wiki/Q205663","display_name":"Process (computing)","level":2,"score":0.13903236389160156},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0889466404914856},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1111/j.1467-999x.2004.00198.x","doi":"https://doi.org/10.1111/j.1467-999x.2004.00198.x","is_oa":false,"landing_page_url":"https://doi.org/10.1111/j.1467-999x.2004.00198.x","pdf_url":null,"source":{"id":"https://openalex.org/S171812798","display_name":"Metroeconomica","issn_l":"0026-1386","issn":["0026-1386","1467-999X"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-b","anvur-class-a","anvur-scientific","cwts-core","jufo-1","norway-1","poland-70","russia-white-list-2","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Metroeconomica","raw_type":"journal-article"},{"id":"mag:3122900678","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/Delivery.cfm/meca_198.pdf?abstractid=602011&mirid=1","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null}],"best_oa_location":{"id":"mag:3122900678","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/Delivery.cfm/meca_198.pdf?abstractid=602011&mirid=1","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"score":0.5899999737739563,"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":59,"referenced_works":["https://openalex.org/W36642806","https://openalex.org/W66517718","https://openalex.org/W110438817","https://openalex.org/W185965874","https://openalex.org/W360759539","https://openalex.org/W560853535","https://openalex.org/W572690865","https://openalex.org/W589403187","https://openalex.org/W599828936","https://openalex.org/W603242966","https://openalex.org/W606645528","https://openalex.org/W615338611","https://openalex.org/W627472541","https://openalex.org/W627758831","https://openalex.org/W628953634","https://openalex.org/W635402388","https://openalex.org/W643943900","https://openalex.org/W645930963","https://openalex.org/W646730202","https://openalex.org/W1482401614","https://openalex.org/W1486589349","https://openalex.org/W1583642336","https://openalex.org/W1769756782","https://openalex.org/W1850344093","https://openalex.org/W1996086135","https://openalex.org/W1997955412","https://openalex.org/W2001015050","https://openalex.org/W2013098660","https://openalex.org/W2017993382","https://openalex.org/W2019562442","https://openalex.org/W2029594525","https://openalex.org/W2036954811","https://openalex.org/W2064091688","https://openalex.org/W2087661369","https://openalex.org/W2088448976","https://openalex.org/W2089795753","https://openalex.org/W2119757670","https://openalex.org/W2122511851","https://openalex.org/W2139456858","https://openalex.org/W2148756693","https://openalex.org/W2150988955","https://openalex.org/W2164102058","https://openalex.org/W2168389395","https://openalex.org/W2207873732","https://openalex.org/W2223761464","https://openalex.org/W2246534018","https://openalex.org/W2275443644","https://openalex.org/W2302205068","https://openalex.org/W2311298361","https://openalex.org/W2490569013","https://openalex.org/W2504128430","https://openalex.org/W2506049046","https://openalex.org/W2565567307","https://openalex.org/W2566582553","https://openalex.org/W2567360754","https://openalex.org/W3087613115","https://openalex.org/W3121828150","https://openalex.org/W4254746049","https://openalex.org/W4285719527"],"related_works":["https://openalex.org/W2018642469","https://openalex.org/W2734753263","https://openalex.org/W2797450277","https://openalex.org/W3002892176","https://openalex.org/W2803554856","https://openalex.org/W4255778356","https://openalex.org/W2036954811","https://openalex.org/W1976417525","https://openalex.org/W6922684915","https://openalex.org/W7052267917"],"abstract_inverted_index":{"ABSTRACT":[0],"Beyond":[1],"a":[2,42,71],"widespread":[3],"agreement":[4],"on":[5],"the":[6,21,26,29,32,36,46],"idea":[7],"that":[8,62],"\u2018loans":[9],"create":[10],"deposits\u2019":[11],"and":[12,35,50,54],"\u2018deposits":[13],"make":[14],"reserves\u2019,":[15],"there":[16],"is":[17,52,74],"much":[18],"controversy":[19],"in":[20],"endogenous":[22],"money":[23],"literature":[24],"over":[25],"workings":[27],"of":[28,45],"reserve":[30],"market,":[31],"credit":[33],"market":[34],"financial":[37],"markets.":[38],"In":[39],"this":[40],"paper":[41],"constructive":[43],"interpretation":[44],"debate":[47],"between":[48],"horizontalists":[49],"structuralists":[51],"suggested":[53],"their":[55],"arguments":[56],"are":[57],"taken":[58],"forward":[59],"by":[60],"showing":[61],"these":[63],"controversial":[64],"issues":[65],"can":[66],"be":[67],"explained":[68],"rigorously":[69],"once":[70],"single\u2010period\u2013continuation":[72],"framework":[73],"adopted.":[75]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":14},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":1},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":5},{"year":2018,"cited_by_count":3},{"year":2017,"cited_by_count":7},{"year":2016,"cited_by_count":3},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":1},{"year":2013,"cited_by_count":1},{"year":2012,"cited_by_count":2}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2016-06-24T00:00:00"}
