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Monetary Trends in the UK since 1870

In: Money, Prices and Wages

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  • Nicholas Dimsdale

Abstract

Nick Mayhew is an eminent scholar of British currency, and has provided much encouragement to others working in this area. This was shown by his effective leadership of the Winton Monetary Institute. His Sterling: The History of a Currency (2000) provides an admirably succinct account of British monetary history from the Norman Conquest to the present day. This chapter, which is a tribute to his work, reviews British monetary history since 1870. It draws on the Bank of England’s Macroeconomic Data Set. The data has been used to examine British experience with cyclical fluctuations, via the Bank of England (Hills et al., 2010). In this chapter the same sources are used to present British monetary data, using a basic theoretical framework.

Suggested Citation

  • Nicholas Dimsdale, 2015. "Monetary Trends in the UK since 1870," Palgrave Studies in the History of Finance, in: Martin Allen & D’Maris Coffman (ed.), Money, Prices and Wages, chapter 13, pages 228-249, Palgrave Macmillan.
    • Handle: RePEc:pal:psitcp:978-1-137-39402-6_14
    DOI: 10.1057/9781137394026_14
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