A Model of the Bimetallic System /
This paper formalizes Irving Fisher's century-old model of bimetallism and adds the important 'disequilibrium' dynamics to deal with the long periods during which bimetallic countries were on effective monometallic standards. It resolves a long standing puzzle in the bimetallic litera...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1995.
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| Series: | IMF Working Papers; Working Paper ;
No. 1995/144 |
| Online Access: | Full text available on IMF |