EconPapers    
Economics at your fingertips  
 

The Role of the Gold Standard in the Gibson Paradox

Scott Sumner

Bulletin of Economic Research, 1993, vol. 45, issue 3, 215-28

Abstract: Recent papers by Lee and Petruzzi (1986) and Barsky and Summers (1988) provide rival theories of how the Gibson Paradox could result from the impact of changes in the interest rate on the real price of gold. This paper empirically tests each model and finds more support for the Lee-Petruzzi approach than the Barsky-Summers approach. The paper also suggests that Lee and Petruzzi may have used an inappropriate method to test their model, and that both papers employed inappropriate sample periods. Copyright 1993 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research

Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:bla:buecrs:v:45:y:1993:i:3:p:215-28

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0307-3378

Access Statistics for this article

More articles in Bulletin of Economic Research from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2021-05-12
Handle: RePEc:bla:buecrs:v:45:y:1993:i:3:p:215-28