| Modern Perspectives on the Gold Standard Contributor(s): Bayoumi, Tamim (Editor), Eichengreen, Barry (Editor), Taylor, Mark P. (Editor) |
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ISBN: 0521063515 ISBN-13: 9780521063517 Publisher: Cambridge University Press OUR PRICE: $56.99 Product Type: Paperback - Other Formats Published: May 2008 Annotation: This book explores exchange rate instability during the 1990s in the light of the operation of the gold standard in the years prior to 1914. |
| Additional Information |
| BISAC Categories: - Business & Economics | Money & Monetary Policy - Business & Economics | Economics - Theory - Business & Economics | Economic History |
| Dewey: 332.422 |
| Physical Information: 0.93" H x 6" W x 9" (1.34 lbs) 416 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Exchange rate instability and crises are a fact of economic life in today's world of open international capital markets. Yet this was not always the case: for more than a third of a century prior to 1914, the gold standard reconciled open financial markets with stable exchange rates among the currencies of the major industrial countries. This book explores how that system worked. The result is an overview of the classical gold standard, a survey of the relevant applied research in international macroeconomics, and a demonstration of how the past can help to inform the present. |