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United Kingdom and Sweden under the Gold Standard: under stable monetary regimes with clearly defined nominal anchors …
Persistent link: https://www.econbiz.de/10011604897
The emergence of the gold standard has for a long time been viewed as inevitable. Fluctuations of the gold … analyze agents' expectations between 1860 and 1890. The intuition is that the spread between gold and silver bonds issued by … requiring a premium to hold silver bonds indicating their belief that gold would eventually become the only metallic standard. …
Persistent link: https://www.econbiz.de/10010316773
them to mutualise their gold reserves in emergency situations. Gold reserve sharing was especially important in response to … union. But fortunes could change quickly, with emergency recipients of gold turning into providers. Because regional …
Persistent link: https://www.econbiz.de/10011605731
Currency debasement, defined as a loss of precious metal content (intrinsic value) of the circulating penny currencies over time, was a common feature in the monetary history of Europe, c. 1400–1900. Over the centuries the loss rate was sustained; between 1400 and 1900 A. D. the (south) German...
Persistent link: https://www.econbiz.de/10014521702
moving south towards the four countries of interest of this paper (Côte d'Ivoire, Ghana, Senegal and Togo). At the time of … writing, all except Ghana have experienced direct jihadist attacks, and all have reported extremist encroachment and recent … flows could be equivalent to between 1.3% (Ghana) and nearly 5% (Senegal) of GDP. Another pathway is through 'conflict …
Persistent link: https://www.econbiz.de/10014435507
Gold Standard and during the Interwar period. We interpret this as evidence for Gold Standard mentality: the expectation …
Persistent link: https://www.econbiz.de/10010316919
In this study of Ghana integrated to the world economy, we focus primarily on Ghana-UK-Germany trade axis partly … because of Ghana's relative dependence on the EU for her international trade. The study employs „representative“ country … the EU in particular influence Ghana's policy goals of GDP and bilateral export growth, the nominal current account and …
Persistent link: https://www.econbiz.de/10010295355
Are social (occupational) classes coherent, distinct entities? While they reflect an underlying reality, they are more fragmented than theory suggests. It is hypothesised that skill mismatches mean that each class includes a substantial proportion of poorly paid people who could be in the class...
Persistent link: https://www.econbiz.de/10010288913
This paper provides a self-contained introduction to the British Household Panel Survey (BHPS), concentrating on aspects relevant to analysis of the distribution of household income. I discuss BHPS design features and how data on net household income are derived. The BHPS net household income...
Persistent link: https://www.econbiz.de/10010288923
I interpret the ?distribution of income by sectors of the population? to refer to the personal distribution of income, with evidence about it derived from household surveys. Section 1 outlines the links between the personal and factor income distributions, and includes a discussion of research...
Persistent link: https://www.econbiz.de/10010260743