Esteves, Rui Pedro (contributor); Reis, Jaime (contributor); … - 2007
Ferramoscaz
Abstract
The existence of a self-regulating arbitrage mechanism under the gold standard has been tradi-
tionally … frameworks. We also address the question of the credibility of the authorities’
commitment to the standard, through the … perspective of the target zone literature.
JEL Codes: F31, F33, N23
Keywords: Gold standard, Credibility, Portugal, Pre-1913
We …