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Monetarism

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The New Palgrave Dictionary of Economics

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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 and Affiliations

  1. http://link.springer.com/referencework/10.1057/978-1-349-95121-5

    Phillip Cagan

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  1. Phillip Cagan
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Cagan, P. (2018). Monetarism. In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_814

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