Central banking under the gold standard

Marvin Goodfriend

No 88-05, Working Paper from Federal Reserve Bank of Richmond

Abstract: This paper is intended as a positive analysis of temporary government policy actions under a gold standard. To understand a gold standard is to understand the private valuation of money and gold as assets, and how their asset values can be influenced by government money and gold policy actions under a fixed money price of gold. An intertemporal, rational expectations, asset-pricing model is employed to address these issues.

Keywords: Banks and banking, Central; Gold standard (search for similar items in EconPapers)
Date: 1988
References: Add references at CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
http://www.richmondfed.org/publications/research/working_papers/1988/wp_88-5.cfm (text/html)
https://www.richmondfed.org/-/media/RichmondFedOrg ... /1988/pdf/wp88-5.pdf Full text (application/pdf)

Related works:
Journal Article: Central banking under the gold standard (1988)
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:fip:fedrwp:88-05

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in Working Paper from Federal Reserve Bank of Richmond Contact information at EDIRC.
Bibliographic data for series maintained by Christian Pascasio ().