gold and key currencies as international reserves: Keynes' Bancor, the SDR and the Ecu( predecessor to the euro).The latter …

The paper is a study of the price level and relative price effects of a policy to monetize gold and fix its price at a … gold standard and during the post-monetization period. The paper also explores the adjustments to fiat money which are … necessary to ensure that this type of gold monetization is non-inflationary. Finally, some conditions which produce a run on the …

We compare the resumption of convertibility into gold by the United States in 1879 and Britain in 1925 to ascertain the …

reflected systematically in the price of gold and, hence, that gold price movements, under the maintained hypothesis, should … of gold prices on exchange rates conditional on other monetary and real macroeconomic variables, and applies the …

This paper deals with the relations among international liquidity,the exchange-rate regime and the effectiveness of … provision of liquidity …

Has the US dollar delivered the benefits that the rest of the world is expecting from its holdings of international … liquidity? US government debt has been liquid and safe, and it is supplied in sufficient quantity. But it has given a low return …

important policy instrument, insuring against liquidity shortages. We find that countries' policy mixes are diverse, and have …

World War I dramatically altered the world's financial landscape. Most countries left the gold standard, and New York … replaced London as the major lender in world capital markets. This paper discusses how the gold exchange standard was … reconstructed in the 1920s. We show that the U.S. capital market viewed returning to the gold standard as a signal of financial …