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.K., Japan, France, Germany, Canada, Italy, Spain, Switzerland, Australia, the Netherlands, Sweden, Belgium, Ireland, Denmark …
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th Gold Standard was only possible because of prior institutional changes that made a fixed specie standard practicable …
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Under the classical gold standard (1880-1914), the Bank of France maintained a stable discount rate while the Bank of … England changed its rate very frequently. Why did the policies of these central banks, the two pillars of the gold standard …
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We document the twin crisis that affected Spain in the mid-1860s. First, we trace back its origins to the international … crisis of 1864-66. Next, we describe the particular banking sector of Spain, characterized by the coexistence of the Bank of … Spain with multiple local banks of issue. We analyze the microeconomic behavior of each bank in response to the crisis and …
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Revisionist estimates of growth rates during the British industrial revolution, though largely successful in presenting a more modest picture of Britain's 'take-off' prior to the 1830s, have also posed fresh analytical difficulties for champions of the new economic history. If 18th-century...
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