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Monetarism

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Monetary Economics

Part of the book series: The New Palgrave Economics Collection ((NPHE))

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Abstract

Monetarism is the view that the quantity of money has a major influence on economic activity and the price level and that the objectives of monetary policy are best achieved by targeting the rate of growth of the money supply.

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Authors
  1. Phillip Cagan
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Editor information

Editors and Affiliations

  1. University of Wisconsin-Madison, USA

    Steven N. Durlauf

  2. Cornell University, USA

    Lawrence E. Blume

Copyright information

© 2010 Palgrave Macmillan, a division of Macmillan Publishers Limited

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Cagan, P. (2010). Monetarism. In: Durlauf, S.N., Blume, L.E. (eds) Monetary Economics. The New Palgrave Economics Collection. Palgrave Macmillan, London. https://doi.org/10.1057/9780230280854_19

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