monetary disturbances as shocks to central bank gold demand. Based on a monetary DSGE model, the world gold reserve ratio (the …I study whether monetary gold hoarding was the main cause of the Great Depression in a structural VAR analysis. The … macroeconometric literature, the paper i) uses a newly-assembled monthly data set of the interwar world economy, and ii) models …

This paper provides a political economy perspective on gold standard adoption in the Kingdom of Yugoslavia which joined … relative costs faced by a peripheral country like Yugoslavia for maintaining a gold standard, stemming from a fluctuating … reasons why policy elites nevertheless endeavoured to adopt the gold standard are examined by looking at debates in Yugoslavia …