Monetary theory and monetary policy: Reflections on the development over the last 150 years

Otmar Issing and Volker Wieland

No 2012/20, CFS Working Paper Series from Center for Financial Studies (CFS)

Abstract: In this paper, we provide some reflections on the development of monetary theory and monetary policy over the last 150 years. Rather than presenting an encompassing overview, which would be overambitious, we simply concentrate on a few selected aspects that we view as milestones in the development of this subject. We also try to illustrate some of the interactions with the political and financial system, academic discussion and the views and actions of central banks.

Date: 2012
New Economics Papers: this item is included in nep-cba, nep-his, nep-hpe and nep-mon
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Citations: View citations in EconPapers (6)

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Related works:
Journal Article: Monetary Theory and Monetary Policy: Reflections on the Development over the last 150 Years (2013)
Working Paper: Monetary theory and monetary policy: Reflections on the development over the last 150 years (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:cfswop:201220

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