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Publications
of the
American Economic Association


Vol. XI. No. 4.
Pages 331-442.

Appreciation and Interest


A STUDY OF THE INFIvUENCE OF MONETARY APPRECIATION AND DEPRECIATION ON THE RATE OF INTEREST, WITH APPLICATIONS TO THE BIMETALLIC CONTROVERSY AND THE THEORY OF INTEREST.

BY

IRVING FISHER,

Assistant Professor of Political Science in Yale University.



AUGUST, 1896.


PUBLISHED FOR THE

American Economic Association

By The Macmiilan Company

NEW YORK

LONDON: SWAN SONNENSCHEIN & CO.