The Present Relevance of Hume's Open-Economy Monetary Dynamics
Bibliographic Data
| ID | 9707635 |
|---|---|
| Authors | John Berdell (DePaul University, corresponding author), J F Berdell |
| Year | 1995 |
| Volume | 105 |
| Issue | 432 |
| Pages | 1205 |
| Publication date | 1995-09-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.2307/2235412 |
| OpenAlex | W4232805979 |
| Language | EN |
| Citations received | 4 |
Hume's monetary economics has remained a source of sustained controversy; rival interpretations situate his work at the fountainhead of the quantity theory of money, the monetary approach to the balance of payments, and the post-Keynesian analysis of inflation. Recent contributions to the literature have explicitly modelled several aspects of his monetary writings, but have not placed his controversial discussion of output and monetary dynamics within an open economy analysis. This paper does so and contrasts rival specifications and interpretations of Humean open-economy output dynamics
Balance (ability · Balance of payments · Dynamics (music · Economics · Exchange rate · Inflation (cosmology · Keynesian economics · Macroeconomics · Monetary economics · Monetary policy · Monetary theory · Neoclassical economics · New Keynesian economics · Open economy · Relevance (law · Work (physics · Economic theories and models · Economic Theory and Policy · Law · Political Economy and Marxism · Psychology
| Unique citing works | 4 |
|---|---|
| Citations per year | 0.13 |
| Citation span | 1996 - 2009 (14) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 4 |