Mills, Terence C. - In: Cliometrica, Journal of Historical Economics and … 2 (2008) 3, pp. 213-228
In this paper, we use new data and modern time series econometrics to reassess the relationship between interest rates, prices and inflation in Britain across the two and a half centuries from 1750 to 2006 for which reliable data are available. We pay particular attention to monetary regimes...