Showing 1 - 3 of 3
For over a century and a half, there have been cyclical phases of saturation and shortage in the numbers of students enrolled at German and Prussian universities. Starting from this observations, this article constructs a neoclassical glutting theory. A twofold hypothesis is put forward. First,...
Persistent link: https://www.econbiz.de/10005435306
This article applies nonparametric methods to the monthly monetary stock time series of the Reichsbank, constructed in weekly data, with 2160 observations, covering the time period January 1876 to December 1920. Our analysis begins with a historical description followed by a cliometric application.
Persistent link: https://www.econbiz.de/10008466606
We apply the outlier methodology to the issue of the regulation of Bimetallism. Did French and British central banks use their discount rates as a policy tool for currency stabilization over the period 1850-1870? The common view identifies Bimetallism as a pure automatic system constrained by...
Persistent link: https://www.econbiz.de/10005437798