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Monetary Economics, History of

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The New Palgrave Dictionary of Economics

Abstract

Throughout its long history, monetary economics has been concerned with the role of money in exchange, with what determines the purchasing power of money, and with the effects of changes in the purchasing power of money on interest rates and real economic activity.

This chapter was originally published in The New Palgrave Dictionary of Economics, 2nd edition, 2008. Edited by Steven N. Durlauf and Lawrence E. Blume

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    Robert W. Dimand

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    Dimand, R.W. (2008). Monetary Economics, History of. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95121-5_2721-1

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    • DOI: https://doi.org/10.1057/978-1-349-95121-5_2721-1

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