IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-00279247.html

86

Author

Listed:
  • Claude Diebolt

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique)

  • Antoine Parent

    (Sciences Po - Sciences Po)

Abstract

We apply the outlier methodology to the issue of the regulation of Bimetallism. Did French and British central banks use their discount rates as a policy tool for currency stabilization over the period 1850-1870 ? The common view identifies Bimetallism as a pure automatic system constrained by specie points. Using outliers methodology we give evidence that the influence of the discount rate differential between France and England on the Sterling-Franc spot exchange rate was taken in default only on one occasion, on February 1861. The assessment of the historical context helps to understand this peculiar event which was only transitory. This article is an illustration of the importance of the outlier methodology in cliometrics as a mean to test conventional wisdom in economic history.

Suggested Citation

  • Claude Diebolt & Antoine Parent, 2005. "86," Post-Print hal-00279247, HAL.
    • Handle: RePEc:hal:journl:hal-00279247
    DOI: 10.1080/13504850600972253
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    Other versions of this item:

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-00279247. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.