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Credibility and the International Monetary Regime : A Historical Perspective

Bordo, Michael D. MacDonald, Ronald

Studies in Macroeconomic History

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Leveringstid: 2-4 uker

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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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