Getting Pegged: Comparing the 1879 and 1925 Gold Resumptions
Michael Bordo () and
No 5497, NBER Working Papers from National Bureau of Economic Research, Inc
We compare the resumption of convertibility into gold by the United States in 1879 and Britain in 1925 to ascertain the degree to which the outcomes reflected differences in strategies adopted by the authorities or in the external environment. It is concluded that external factors were the most important determinant of the very different outcomes of the two episodes.
JEL-codes: F31 E42 (search for similar items in EconPapers)
Note: DAE IFM ME
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Published as Oxford Economic Papers, No. 50, pp. 122-149, January 1998
Downloads: (external link)
Journal Article: Getting Pegged: Comparing the 1879 and 1925 Gold Resumptions (1998)
Working Paper: Getting Pegged: Comparing the 1879 and 1925 Gold Resumptions (1996)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:5497
Ordering information: This working paper can be ordered from
Access Statistics for this paper
More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().