Exchange Rates in the Periphery and International Adjustment Under the Gold Standard /
The role of exchange rate flexibility in the periphery of the gold standard has been grossly overlooked. This paper builds a new dataset on trade-weighed exchange rates for the period 1870-1913 and finds that large currency movements in periphery countries operating inconvertible paper-money and sil...
Autor Principal: | |
---|---|
Outros autores: | |
Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2003.
|
Series: | IMF Working Papers; Working Paper ;
No. 2003/041 |
Acceso en liña: | Full text available on IMF |