Quarterly Journal of Economics Vol. 39 No. 2 1925
Monetary Theory and Monetary Policy: Some Recent Discussions
Abstract
I. Introduction. — II. Analyses of post-war monetary experience. The purchasing-power-parity approach: Keynes, 268.—III. The foreign-exchange approach: Nogaro, 275; Nogaro's criticisms of Cassel's doctrine, 277. — IV. The approach through the budget situation: Rist, 280; further conclusions, 284. — V. Future monetary policies: Cassel, 286; Keynes, 287; Nogaro and Rist, 291.—VI. Conclusions. The data inconclusive; interpretation a matter of individual choice, 293. Monetary reconstruction: budget equilibrium; devaluation; return to the unregulated gold standard, 298.
- DOI
- 10.2307/1884875
- Volume
- 39
- Issue
- 2
- Pages
- 267
- Sources
- openalex crossref