Credibility and the International Monetary Regime

A Historical Perspective

Inbunden, Engelska, 2012

Av New Jersey) Bordo, Michael D. (Rutgers University, Ronald (University of Edinburgh) MacDonald, Michael D. Bordo, Ronald MacDonald, Ronald Macdonald

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Between 1914 and the present several monetary regimes gradually moved away from the gold standard, with varying success in maintaining price stability and credibility. This book presents ten studies which combine historical narrative with econometrics to analyze the role of credibility in four monetary regimes.

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