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来源类型Discussion paper
规范类型论文
来源IDDP15348
DP15348 Money, Banking, and Old-School Historical Economics
Eric Monnet; François R. Velde
发表日期2020-10-07
出版年2020
语种英语
摘要We review developments in the history of money, banking, and financial intermediation over the last twenty years. We focus on studies of financial development, including the role of regulation and the history of central banking. We also review the literature of banking and financial crises. This area has been largely unaffected by the so-called new econometric methods that seek to prove causality in reduced form settings. We discuss why historical macroeconomics is less amenable to such methods, discuss the underlying concepts of causality, and emphasize that models remain the backbone of our historical narratives.
主题Economic History
关键词Historical macroeconomics Money Banking Financial intermediation Causality
URLhttps://cepr.org/publications/dp15348
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/544330
推荐引用方式
GB/T 7714
Eric Monnet,François R. Velde. DP15348 Money, Banking, and Old-School Historical Economics. 2020.
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