Monetary Trends in the UK since 1870
Nicholas Dimsdale
Chapter 13 in Money, Prices and Wages, 2015, pp 228-249 from Palgrave Macmillan
Abstract:
Abstract Nick Mayhew is an eminent scholar of British currency, and has provided much encouragement to others working in this area. This was shown by his effective leadership of the Winton Monetary Institute. His Sterling: The History of a Currency (2000) provides an admirably succinct account of British monetary history from the Norman Conquest to the present day. This chapter, which is a tribute to his work, reviews British monetary history since 1870. It draws on the Bank of England’s Macroeconomic Data Set. The data has been used to examine British experience with cyclical fluctuations, via the Bank of England (Hills et al., 2010). In this chapter the same sources are used to present British monetary data, using a basic theoretical framework.
Keywords: Interest Rate; Monetary Policy; Money Supply; Real Interest Rate; Bank Rate (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-1-137-39402-6_14
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DOI: 10.1057/9781137394026_14
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