LEADER 04620nam 2200673Ia 450 001 9910454080103321 005 20200520144314.0 010 $a1-282-06960-8 010 $a9786612069604 010 $a0-226-06692-4 024 7 $a10.7208/9780226066929 035 $a(CKB)1000000000724382 035 $a(EBL)432178 035 $a(OCoLC)370496841 035 $a(SSID)ssj0000237344 035 $a(PQKBManifestationID)11209591 035 $a(PQKBTitleCode)TC0000237344 035 $a(PQKBWorkID)10191605 035 $a(PQKB)11435663 035 $a(MiAaPQ)EBC432178 035 $a(DE-B1597)523605 035 $a(OCoLC)781292604 035 $a(DE-B1597)9780226066929 035 $a(Au-PeEL)EBL432178 035 $a(CaPaEBR)ebr10290025 035 $a(CaONFJC)MIL206960 035 $a(EXLCZ)991000000000724382 100 $a19840307d1984 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 02$aA retrospective on the classical gold standard, 1821-1931$b[electronic resource] /$fedited by Michael D. Bordo, Anna J. Schwartz 210 $aChicago $cUniversity of Chicago Press$dc1984 215 $a1 online resource (694 p.) 225 1 $aA Conference report / National Bureau of Economic Research 300 $aPapers from a conference sponsored by the National Bureau of Economic Research, held in March, 1982. 311 $a0-226-06590-1 320 $aIncludes bibliographical references and indexes. 327 $tFrontmatter -- $tContents -- $tPreface -- $tIntroduction -- $t1. The Gold Standard: The Traditional Approach -- $t2. The Success of Purchasing-Power Parity: Historical Evidence and Its Implications for Macroeconomics -- $t3. The Bank of England and the Rules of the Game under the International Gold Standard: New Evidence -- $t4. Bank of England Operations, 1893-1913 -- $t5. The Gold Standard and the Bank of England in the Crisis of 1847 -- $t6. Canada and the Interwar Gold Standard, 1920-35: Monetary Policy without a Central Bank -- $t7. Operations of the German Central Bank and the Rules of the Game, 1879-1913 -- $t8. Swedish Experience under the Classical Gold Standard, 1873-1914 -- $t9. Italy in the Gold Standard Period, 1861-1914 -- $t10. The Gold Standard and the Transmission of Business Cycles, 1833-1932 -- $t11. Real Output and the Gold Standard Years, 1830-1913 -- $t12. Canada without a Central Bank: Operation of the Price-Specie-Flow Mechanism, 1872-1913 -- $t13. War, Prices, and Interest Rates: A Martial Solution to Gibson's Paradox -- $t14. Some Evidence on the Real Price of Gold, Its Costs of Production, and Commodity Prices -- $t15. The Image of the Gold Standard -- $tParticipants -- $tAuthor Index -- $tSubject Index 330 $aThis is a timely review of the gold standard covering the 110 years of its operation until 1931, when Britain abandoned it in the midst of the Depression. Current dissatisfaction with floating rates of exchange has spurred interest in a return to a commodity standard. The studies in this volume were designed to gain a better understanding of the historical gold standard, but they also throw light on the question of whether restoring it today could help cure inflation, high interest rates, and low productivity growth. The volume includes a review of the literature on the classical gold standard; studies the experience with gold in England, Germany, Italy, Sweden, and Canada; and perspectives on international linkages and the stability of price-level trends under the gold standard. The articles and commentaries reflect strong, conflicting views among hte participants on issues of central bank behavior, purchasing-power an interest-rate parity, independent monetary policies, economic growth, the "Atlantic economy," and trends in commodity prices and long-term interest rates. This is a thoughtful and provocative book. 410 0$aConference report (National Bureau of Economic Research) 606 $aGold standard$xHistory$vCongresses 606 $aCurrency question$xHistory$vCongresses 608 $aElectronic books. 615 0$aGold standard$xHistory 615 0$aCurrency question$xHistory 676 $a332.4222 701 $aBordo$b Michael D$0119439 701 $aSchwartz$b Anna J$g(Anna Jacobson),$f1915-2012.$0120103 712 02$aNational Bureau of Economic Research. 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910454080103321 996 $aA retrospective on the classical gold standard, 1821-1931$92008810 997 $aUNINA