Wicksell’s cumulative process in theory and practice
PSL Quarterly Review
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Title |
Wicksell’s cumulative process in theory and practice
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Creator |
PATINKIN, D.
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Subject |
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Knut Wicksell, monetary theory, quantity theory of money, fractional reserve banking system, Cagan B31, B13, E40 |
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Description |
Text of a lecture delivered at the university of UPSALA. The author discusses Knut Wicksell’s legacy, with specific reference to monetary theory. The author places Wicksell among the adherents of the quantity theory of money, although recognising that a fractional reserve banking system abides by different rules. The author rejects Cagan’s criticism of Wicksell and he considers empirical evidence in support of Wicksellian results.
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Publisher |
Economia civile
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Contributor |
—
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Date |
2014-03-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/11712
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Source |
PSL Quarterly Review; Vol 21, No 85 (1968)
PSL Quarterly Review; Vol 21, No 85 (1968) 2037-3643 ISSN 2037-3635 |
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Language |
eng
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Relation |
http://annalidibotanica.uniroma1.it/index.php/PSLQuarterlyReview/article/view/11712/11567
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Rights |
Copyright (c) 2016 D. PATINKIN
http://creativecommons.org/licenses/by-nc-nd/4.0 |
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