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The Stability of the Gold Standard and the Evolution of the International Monetary System

The Stability of the Gold Standard and the Evolution of the International Monetary System »

Volume/Issue: 1995/89

Series: IMF Working Papers

Author(s): Tamim Bayoumi , and Barry Eichengreen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1995

DOI: http://dx.doi.org/10.5089/9781451851243.001

ISBN: 9781451851243

Keywords: aggregate demand, aggregate demand curve, monetary regimes, monetary system

This paper examines some popular explanations for the smooth operation of the pre-1914 gold standard. We find that the rapid adjustment of economies to underlying disturbances played an important role in stabilizin...

The Stability of the Gold Standard and the Evolution of the International Monetary System

The Stability of the Gold Standard and the Evolution of the International Monetary System »

Source: The Stability of the Gold Standard and the Evolution of the International Monetary System

Volume/Issue: 1995/89

Series: IMF Working Papers

Author(s): Tamim Bayoumi , and Barry Eichengreen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1995

ISBN: 9781451851243

Keywords: aggregate demand, aggregate demand curve, monetary regimes, monetary system

This paper examines some popular explanations for the smooth operation of the pre-1914 gold standard. We find that the rapid adjustment of economies to underlying disturbances played an important role in stabilizin...