| Project/Area Number |
15K03574
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Research Field |
Economic history
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| Research Institution | Nagoya Women's University |
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Principal Investigator |
Kanai Yuichi 名古屋女子大学, 家政学部, 教授 (30144108)
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| Project Period (FY) |
2015-04-01 – 2018-03-31
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| Project Status |
Completed (Fiscal Year 2017)
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| Budget Amount *help |
¥2,990,000 (Direct Cost: ¥2,300,000、Indirect Cost: ¥690,000)
Fiscal Year 2017: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2016: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2015: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
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| Keywords | 内省的貨幣供給論 / 外生的貨幣供給論 / イングランド銀行券 / ポンド / 預金振替決済 / 信用先行 / 内生的貨幣供給論 / イングランド銀行 / ランニング・キャッシュ / 内生的貨幣供給説 / 外生的貨幣供給説 / ランニング・キャッシュ手形 / イングランド銀行創設 / イングランド銀行券の前身 / 銀行券の内生性 |
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| Outline of Final Research Achievements |
Expansionary monetary policies(policies for increasing the money supply)are often adopted when the economy is in a slump. Howeber, a fundamental issue in monetary policy is whether a central bank can control the money supply by manipulating the monetary base. As is well known, this question has effectively devided the field of economics into two schools. The exogenous and endogenous money thories have offered conflicting views on money supply since mid-18th century, and even today's application of econometric methods to the question has ended in fruitless debate. This perhaps means that we should look beyond economertic approaches to settle the dispute. This study tried that an examination of banknotes from a historical perspecive might bring about the resolution of the longstanding debate.
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