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United States and Canada, 1870-1913. Both countries adhered to the international gold standard. This meant that the domestic … which could intervene in the gold market to shield the domestic economy from external conditions. We proceed by identifying … small open economy on the gold standard and identify the shocks by imposing long run restrictions on the impact of the …
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United States and Canada, 1870-1913. Both countries adhered to the international gold standard. This meant that the domestic … which could intervene in the gold market to shield the domestic economy from external conditions. We proceed by identifying … small open economy on the gold standard and identify the shocks by imposing long run restrictions on the impact of the …
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