CLASSIFYING MONETARY ECONOMICS: FIELDS AND METHODS FROM PAST TO FUTURE |
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Authors: | Philip Arestis Alexander Mihailov |
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Affiliation: | 1. University of Cambridge, University of the Basque Country;2. University of Reading |
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Abstract: | Abstract We propose a simple, yet sufficiently encompassing, classification scheme of monetary economics. It comprises three fundamental fields and six recent areas that expand within and across these fields. The elements of our scheme are not found together and in their mutual relationships in earlier studies of the relevant literature; neither does this attempt aim to produce a relatively complete systematization. Our intention in taking stock is not finality or exhaustiveness. We rather suggest a viewpoint and a possible ordering of the accumulating knowledge. Our purpose is to promote discussion on the evolving nature and internal consistency of monetary economics at large. |
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Keywords: | Classification Methodology Monetary economics Monetary policy Monetary theory Public finance |
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