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Correlation of exchange rates and gold standard regime during World War 1 (In French)

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  • Samuel MAVEYRAUD
  • François CHOUNET

Abstract

We analyze the phenomenon of contagion between the main European currencies quoted against US dollar during World War 1 (WW1). The studied period goes from the start of WW1 to March 1917, before the entry of the United States into the war (April 1917). Our analysis of exchange rate correlations shows that that Gold Standard Regime has not survived the beginning of WW1.

Suggested Citation

  • Samuel MAVEYRAUD & François CHOUNET, 2015. "Correlation of exchange rates and gold standard regime during World War 1 (In French)," Cahiers du GREThA (2007-2019) 2015-33, Groupe de Recherche en Economie Théorique et Appliquée (GREThA).
    • Handle: RePEc:grt:wpegrt:2015-33
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    File URL: http://cahiersdugretha.u-bordeaux.fr/2015/2015-33.pdf
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    References listed on IDEAS

    as
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    7. Eichengreen, Barry, 1996. "Golden Fetters: The Gold Standard and the Great Depression, 1919-1939," OUP Catalogue, Oxford University Press, number 9780195101133, Decembrie.
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    More about this item

    Keywords

    Gold; exchange rates; World War 1;
    All these keywords.

    JEL classification:

    • N24 - Economic History - - Financial Markets and Institutions - - - Europe: 1913-
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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