Getting Pegged: Comparing the 1879 and 1925 Gold Resumptions
Abstract
The authors compare the resumption of convertibility into gold by the United States in 1879 and Britain in 1925 to ascertain the degree to which the outcomes reflected differences in strategies adopted by the authorities or in the external environment. They conclude that external factors were the most important determinant of the very different outcomes of the two episodes. Copyright 1998 by Royal Economic Society.Download Info
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Bibliographic Info
Article provided by Oxford University Press in its journal Oxford Economic Papers.
Volume (Year): 50 (1998)
Issue (Month): 1 (January)
Pages: 122-49
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Keywords:Other versions of this item:
- Bayoumi, Tamim & Bordo, Michael D, 1996. "Getting Pegged: Comparing the 1879 and 1925 Gold Resumptions," CEPR Discussion Papers 1390, C.E.P.R. Discussion Papers.
- Michael D. Bordo & Tamim Bayoumi, 1999. "Getting Pegged: Comparing the 1879 and 1925 Gold Resumptions," NBER Working Papers 5497, National Bureau of Economic Research, Inc.
- F31 - International Economics - - International Finance - - - Foreign Exchange
- F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
- F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Paul R. Masson & Malik D. Shukayev, 2008.
"Are Bygones not Bygones? Modeling Price Level Targeting with an Escape Clause and Lessons from the Gold Standard,"
Working Papers
08-27, Bank of Canada.
- Masson, Paul R. & Shukayev, Malik D., 2011. "Are bygones not bygones? Modeling price-level targeting with an escape clause and lessons from the gold standard," Journal of Macroeconomics, Elsevier, vol. 33(2), pages 162-175, June.
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