期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2012
卷号：12
期号：1
语种：English
出版社：Ovidius University Press
摘要：Out of all the ideas and assumptions regarding the money and monetary theory,the classical liberalism was the first major paradigm that contributed to the development of the quantity theory of money. This paper aims to express the first steps made by the Classical School economists in crystallization of the classical quantity theory. The interest rate is also studied in order to emphasize its effects over the macroeconomic stability. What was the role of money in Smith’s view? What is the relationship between money and interest rate? Does money have an impact over the economic activity?.
