Monetary Constitutionalism: Some Recent Developments

Ludwig Van Den Hauwe

MPRA Paper from University Library of Munich, Germany

Abstract: The volume edited by Leland Yeager more than 50 years ago and published in 1962 under the title In Search of a Monetary Constitution has turned out to be remarkably prescient since the Great Inflation was then about to begin. One might expect that in the wake of the Global Financial Crisis and Great Recession interest in monetary-constitutional matters would be revived and this has indeed been the case. In this paper an attempt is made to assess whether and to what extent scientific progress has been made in defining the nature and characteristics of a monetary constitution for the post-Crisis world. To that end some recent contributions to the literature are reviewed critically.

Keywords: Monetary Systems; Monetary Constitution; Monetary Constitutionalism (search for similar items in EconPapers)
JEL-codes: A10 B53 E02 E5 E50 E6 E66 (search for similar items in EconPapers)
Date: 2017-11-02
New Economics Papers: this item is included in nep-mac and nep-mon
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https://mpra.ub.uni-muenchen.de/87869/1/MPRA_paper_87869.pdf revised version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:83052

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