Robertson’s Banking Policy and the Price Level

Robert Bigg

Chapter 11 in Cambridge and the Monetary Theory of Production, 1990, pp 142-160 from Palgrave Macmillan

Abstract: Abstract In Banking Policy and the Price Level (1926) Robertson brought together aspects of both the Cambridge approach to the quantity theory and the trade cycle and Hawtrey’s stocks-based analysis. It is, in many ways, the last great Marshallian work on the subject, for reasons which will become clear later.

Keywords: Price Level; Real Income; Invisible Hand; Money Income; Money Balance (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37121-7_11

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DOI: 10.1057/9780230371217_11

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