The money supply in historical perspective -- Beyond monetary policy -- The development of a specie standard -- The U.S. banks and antebellum panics -- Greenbacks, gold, and silver purchases -- The national banking system -- Reform proposals and legislation -- The early Federal Reserve -- The...

We estimate a dynamic, stochastic, general equilibrium model of the Brazilian economy taking into account the transition from a currency peg to inflation targeting that took place in 1999. The estimated model exhibits quite different dynamics under the two monetary regimes. We use it to produce...