Les économistes français et le pouvoir d'achat de la monnaie

Alain Beraud

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Abstract: When French economists read The Purchasing Power of Money, they were primarily interested in the equation of exchange and the reformulation that Fisher proposed regarding the quantity theory of money. This reading led them to ponder the meaning that should be given to this theory and to study its empirical significance. Some of them, namely Rueff and Divisia, went further still and considered Fisher's work as a starting point for their own analyses, which were related in particular to the monetary index, the integration of money into general equilibrium theory and the analysis of monetary phenomena in an open economy.

Keywords: quantity theory of money; price index; theory of purchasing power parity; marginal utility of money; integration of money into general equilibrium; Théorie quantitative de la monnaie; indice des prix; théorie de la parité des pouvoirs d'achat; utilité marginale de la monnaie; intégration de la monnaie dans l'équilibre général. (search for similar items in EconPapers)
Date: 2013-04
New Economics Papers: this item is included in nep-hpe
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Published in European Journal of the History of Economic Thought, 2013, 20 (2), pp.349-371. ⟨10.1080/09672567.2012.708771⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00636616

DOI: 10.1080/09672567.2012.708771

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