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Quelle autonomie pour les politiques monetaires sous l’etalon-or, 1880-1913 ?

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  • Remy Contamin
  • Caroline Denise
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    Abstract

    Cet article analyse le degre d’autonomie des politiques de la Banque d’Angleterre, de la Banque de France et de la Reichsbank dans le cadre de l’etalon-or classique (1880-1913). Caracterisee par une stabilite des changes et une integration financiere croissante, cette periode aurait du connaitre une homogeneite des politiques monetaires. Contestant le role de "chef d’orchestre" attribue par Keynes (1930) a la Banque d’Angleterre, cette etude montre que des structures nationales dissemblables ont genere une configuration decentralisee des relations monetaires internationales et ont offert des modalites d’ajustement variables suivant les pays.

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    File URL: http://www.cepii.fr/francgraph/publications/ecointern/rev78/rev78b.htm
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    Bibliographic Info

    Article provided by CEPII research center in its journal Economie Internationale.

    Volume (Year): (1999)
    Issue (Month): 78 ()
    Pages: 59-84

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    Handle: RePEc:cii:cepiei:1999-2tb

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    Cited by:
    1. Morys, Matthias, 2013. "Discount rate policy under the Classical Gold Standard: Core versus periphery (1870s–1914)," Explorations in Economic History, Elsevier, vol. 50(2), pages 205-226.

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