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Bordo, Michael D. (ed.); Taylor, Alan M. (contributor); … - 2003

Persistent link: https://www.econbiz.de/10013480751

Monetary Policy Cooperation/Coordination and Global Financial Crises in Historical Perspective

Bordo, Michael D. - 2020

successful. International currency swaps developed to manage exchange rates during the Bretton Woods era have evolved into the … leading tool to manage international liquidity crises. The swap network can be viewed as a step in the direction of a global …

Persistent link: https://www.econbiz.de/10012482117

The Wage Effects of Immigration and Emigration

Docquier, Frédéric - 2010

In this paper, we simulate the long-run effects of migrant flows on wages of high-skilled and low-skilled non-migrants in a set of countries using an aggregate model of national economies. New in this literature we calculate the wage effect of emigration as well as immigration. We focus on...

Persistent link: https://www.econbiz.de/10012462010

A retrospective on the classical gold standard, 1821 - 1931

Bordo, Michael D. (ed.); Schwartz, Anna Jacobson (contributor) - 1984

Persistent link: https://www.econbiz.de/10000085706

Measuring Real Economic Effects of Bailouts : Historical Perspectives on How Countries in Financial Distress Have Fared With and Without Bailouts

Bordo, Michael D. - 2000

similar pattern is observed for international rescue loans. We then present evidence suggesting that the incidence has …

Persistent link: https://www.econbiz.de/10012471060

The Future of EMU : What Does the History of Monetary Unions Tell Us?

Bordo, Michael D. - 1999

The creation of EMU and the ECB has triggered a discussion of the future of EMU. Independent observers have pointed to a number of shortcomings or hazard areas' in the construction of EMU, such as the absence of a central lender of last resort function for EMU, the lack of a central authority...

Persistent link: https://www.econbiz.de/10012471419

Is Globalization Today Really Different than Globalization a Hunderd Years Ago?

Bordo, Michael D. - 1999

for the United States but also with reference to the wider world. We establish the outlines of international integration a … century ago and analyze the institutional and informational impediments that prevented the late nineteenth century world from … achieving the same degree of integration as today. We conclude that the world today is different: commercial and financial …

Persistent link: https://www.econbiz.de/10012471593

"Unusual, Unstable, Complicated, Unreliable and Temporary" Reinterpreting the Ebb and Flow of Globalization

Bordo, Michael D.; Schenk, Catherine R. - National Bureau of Economic Research - 2021

on the evolution of the international monetary system and policy cooperation/coordination. We identify three disruptions … and examine how each prompted a change in the underlying ideology about how the international monetary system should … organize: World War I, Bretton Woods, 1970s Great Inflation and Managed Floating. Each turning point was characterized by …

Persistent link: https://www.econbiz.de/10012599404

The Global Velocity Curve 1952-1982

Bordo, Michael D. - 1986

cross country comparison in the post World War II period of 84 countries arrayed from very low to very high per capita …

Persistent link: https://www.econbiz.de/10012476996

The Transformation and Performance of Emerging Market Economies Across the Great Divide of the Global Financial Crisis

Bordo, Michael D. - 2019

The process of central bank (CB) evolution by emerging market economies (EMEs), including central bank independence (CBI) and transparency (CBT), converged towards that of the advanced economies (AEs) before the Global Financial Crisis (GFC) of 2007-2008. It was greatly aided by the adoption of...

Persistent link: https://www.econbiz.de/10012480286