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David Laidler on Monetarism / Michael Bordo, Anna J. Schwartz.
- Format:
- Book
- Author/Creator:
- Bordo, Michael.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w12593.
- NBER working paper series no. w12593
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2006.
- Summary:
- David Laidler has been a major player in the development of the monetarist tradition. As the monetarist approach lost influence on policy makers he kept defending the importance of many of its principles. In this paper we survey and assess the impact on monetary economics of Laidler's work on the demand for money and the quantity theory of money; the transmission mechanism on the link between money and nominal income; the Phillips Curve; the monetary approach to the balance of payments; and monetary policy.
- Notes:
- Print version record
- October 2006.
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