05200nam 2200721Ia 450 991080997660332120230411171230.01-282-06960-897866120696040-226-06692-410.7208/9780226066929(CKB)1000000000724382(EBL)432178(OCoLC)370496841(SSID)ssj0000237344(PQKBManifestationID)11209591(PQKBTitleCode)TC0000237344(PQKBWorkID)10191605(PQKB)11435663(MiAaPQ)EBC432178(DE-B1597)523605(OCoLC)781292604(DE-B1597)9780226066929(Au-PeEL)EBL432178(CaPaEBR)ebr10290025(CaONFJC)MIL206960(MiAaPQ)EBC3038239(Au-PeEL)EBL3038239(EXLCZ)99100000000072438219840307d1984 uy 0engur|n|---|||||txtrdacontentcrdamediacrrdacarrierA retrospective on the classical gold standard, 1821-1931 /editors, Michael D. Bordo, Anna J. SchwartzChicago University of Chicago Pressc19841 online resource (xi, 681 pages) illustrationsA Conference report / National Bureau of Economic ResearchPapers from a conference sponsored by the National Bureau of Economic Research, held in March, 1982.0-226-06590-1 Includes bibliographical references and indexes.Frontmatter --Contents --Preface --Introduction --1. The Gold Standard: The Traditional Approach --2. The Success of Purchasing-Power Parity: Historical Evidence and Its Implications for Macroeconomics --3. The Bank of England and the Rules of the Game under the International Gold Standard: New Evidence --4. Bank of England Operations, 1893-1913 --5. The Gold Standard and the Bank of England in the Crisis of 1847 --6. Canada and the Interwar Gold Standard, 1920-35: Monetary Policy without a Central Bank --7. Operations of the German Central Bank and the Rules of the Game, 1879-1913 --8. Swedish Experience under the Classical Gold Standard, 1873-1914 --9. Italy in the Gold Standard Period, 1861-1914 --10. The Gold Standard and the Transmission of Business Cycles, 1833-1932 --11. Real Output and the Gold Standard Years, 1830-1913 --12. Canada without a Central Bank: Operation of the Price-Specie-Flow Mechanism, 1872-1913 --13. War, Prices, and Interest Rates: A Martial Solution to Gibson's Paradox --14. Some Evidence on the Real Price of Gold, Its Costs of Production, and Commodity Prices --15. The Image of the Gold Standard --Participants --Author Index --Subject IndexThis is a timely review of the gold standard covering the 110 years of its operation until 1931, when Britain abandoned it in the midst of the Depression. Current dissatisfaction with floating rates of exchange has spurred interest in a return to a commodity standard. The studies in this volume were designed to gain a better understanding of the historical gold standard, but they also throw light on the question of whether restoring it today could help cure inflation, high interest rates, and low productivity growth. The volume includes a review of the literature on the classical gold standard; studies the experience with gold in England, Germany, Italy, Sweden, and Canada; and perspectives on international linkages and the stability of price-level trends under the gold standard. The articles and commentaries reflect strong, conflicting views among hte participants on issues of central bank behavior, purchasing-power an interest-rate parity, independent monetary policies, economic growth, the "Atlantic economy," and trends in commodity prices and long-term interest rates. This is a thoughtful and provocative book.Conference report (National Bureau of Economic Research)Gold standardHistoryCongressesCurrency questionHistoryCongressesFinancial institutions, InternationalHistory19th centuryCongressesgold standard, economics, economy, money, finances, great depression, 19th century, historical, history, exchange, rates, commodity standards, inflation, high interest rate, low productivity growth, literature review, england, germany, italy, sweden, canada, europe, international, stability, central bank, monetary policies, operations, transmission, business.Gold standardHistoryCurrency questionHistoryFinancial institutions, InternationalHistory332.4222Bordo Michael D119439Schwartz Anna J(Anna Jacobson),1915-2012.120103National Bureau of Economic Research.MiAaPQMiAaPQMiAaPQBOOK9910809976603321A retrospective on the classical gold standard, 1821-19314102444UNINA