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 …

We describe in this essay why the gold standard and the euro are extreme forms of fixed exchange rates, and how these …

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

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 …

has been ignored. As early as 1920, Cassel warned that mismanagement of the gold standard could lead to a severe …

on banks. This paper focuses on a neglected change in monetary policy, the sterilization of gold inflows during 1937, and …

silver closely track the movements in overall prices during the classical gold standard era. The one-to-one relationship …

The classical gold standard period, 1880-1913, witnessed deep economic integration. High capital imports were related …

-term domestic trade bills across countries during the classical gold standard period, the most widely used hard peg in modern … five years after a country joined the gold standard, the currency risk premium averaged at least 285 basis points for … market borrowers joined the gold standard. Positive currency risk premiums that persisted long after gold standard adoption …

data to investigate the way in which the Conference and related policies associated to the gold standard affected commodity … the gold standard impacted prices in a significant way, even before the actual monetary and currency channels were at work …