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The Demand for Money

In: The Integration of the European Economy, 1850–1913

Author

Listed:
  • Lee A. Craig

    (North Carolina State University
    National Bureau of Economic Research)

  • Douglas Fisher

    (North Carolina State University)

Abstract

The literature on the demand for money in the late nineteenth century features quite a few results, but they focus typically on individual countries and there are few firmly supported generalizations available. The central questions concern the existence, and stability, of this function but, beyond that, at least for the period we are considering, there are important questions concerning how the demand for money functions of the various European countries interacted with the gold standard. We raised this issue in earlier chapters; now we want to present the results that, we feel, show how this function was important in this period.

Suggested Citation

  • Lee A. Craig & Douglas Fisher, 1997. "The Demand for Money," Palgrave Macmillan Books, in: The Integration of the European Economy, 1850–1913, chapter 7, pages 160-186, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-25165-0_7
    DOI: 10.1007/978-1-349-25165-0_7
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