Mujahidin, Muhamad (2019): Monetary Policy in Perspective Conventional Economy and Islamic Economics.
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Abstract
This article describes the perspective of differences between monetary policy in conventional economics and Islamic economics. By using a negation approach, this study concludes that Islamic monetary policy offers an economic system that is more resistant to monetary crises because the Islamic monetary system does not use an interest rate system so that it can stabilize prices more and be able to control inflation compared to the conventional monetary system.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | Monetary Policy in Perspective Conventional Economy and Islamic Economics |
| English Title: | Monetary Policy in Perspective Conventional Economy and Islamic Economics |
| Language: | English |
| Keywords: | Islamic Economics, Sharia Economy, Monetary, Islamic Monetary |
| Subjects: | A - General Economics and Teaching > A1 - General Economics > A10 - General B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B22 - Macroeconomics B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B26 - Financial Economics E - Macroeconomics and Monetary Economics > E0 - General > E02 - Institutions and the Macroeconomy E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E44 - Financial Markets and the Macroeconomy E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E52 - Monetary Policy E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E58 - Central Banks and Their Policies F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F40 - General |
| Item ID: | 94693 |
| Depositing User: | Muhamad Mujahidin |
| Date Deposited: | 25 Jun 2019 11:04 |
| Last Modified: | 01 Oct 2019 12:34 |
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| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/94693 |
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