The contribution of monetary institutions to stability: The Swiss case

Ernst Baltensperger ()

Aussenwirtschaft, 2017, vol. 68, issue 01, 19-28

Abstract: This article studies Swiss monetary policy of the 19th and 20th century to understand the Swiss Franc's strength and stability. The continued appreciation against other currencies over the course of a century went hand-in-hand with Switzerland's political and social consolidation as well as its increasing economic success. Political institutions arose from people's beliefs and convictions, granting them credibility. In Switzerland, these institutions have been a major force in creating an environment that has permitted the Swiss National Bank to successfully pursue its course of monetary stability.

Date: 2017-12
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://ux-tauri.unisg.ch/RePEc/usg/auswrt/AW_68-01__02_Baltensperger.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:usg:auswrt:2017:68:01:19-28

Access Statistics for this article

More articles in Aussenwirtschaft from University of St. Gallen, School of Economics and Political Science, Swiss Institute for International Economics and Applied Economics Research Contact information at EDIRC.
Bibliographic data for series maintained by Stefan Legge ().