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Financial Innovation and the Price Level: Wicksell and the New Monetary Economics

In: Inflation, Institutions and Information

Author

Listed:
  • Luis Hernandez-Aramburo

Abstract

Money of account, namely that in which debts and prices and general purchasing power are expressed, is the primary concept of a theory of money. (J. M. Keynes)

Suggested Citation

  • Luis Hernandez-Aramburo, 1996. "Financial Innovation and the Price Level: Wicksell and the New Monetary Economics," Palgrave Macmillan Books, in: Daniel Vaz & Kumaraswamy Velupillai (ed.), Inflation, Institutions and Information, chapter 10, pages 245-269, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-13521-9_10
    DOI: 10.1007/978-1-349-13521-9_10
    as

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