Bullionist Periods
Lawrence H. Officer ()
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Lawrence H. Officer: University of Illinois at Chicago
Chapter Chapter 20 in Essays in Economic History, 2022, pp 365-376 from Springer
Abstract:
Abstract There are three historical episodes in which bullionist versus anti-bullionist macroeconomic debates occurred: Sweden (1745–1776), England (1797–1821), and Ireland (1797–1821). Expressing the bullionist and anti-bullionist models as chains of causation facilitates presentation of empirical studies of the experiences. As a group, the studies suggest that the anti-bullionist position is more supported by the empirical evidence.
Keywords: Bullionist; Anti-bullionist; England; Sweden; Ireland; Bank of England; Country banks; Riksbank; Bank of England; London private banks; Quantity theory; Monetary base; Purchasing power parity; Balance of payments; Causality; Stationarity; Cointegration (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-95925-8_20
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DOI: 10.1007/978-3-030-95925-8_20
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