Relying on new statistical and archival material, this book tells the story of the operation of the international monetary system of the mid-nineteenth century. It seeks to explain how this system was able to weather the impact of the California and Australia gold discoveries.
Relying on new statistical and archival material, this book tells the story of the operation of the international monetary system of the mid-nineteenth century. It seeks to explain how this system was able to weather the impact of the California and Australia gold discoveries.Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Marc Flandreau is Professor of Economics at the Institut d'Etudes Politiques, Paris. A renowned expert in the history of the international monetary system and international finance, he has published extensively. His work has appeared in the Journal of Economic History, Explorations in Economic History, the European Economic Review, the Journal of International Economics and the Journal of Money, Credit, and Banking.
Inhaltsangabe
* Introduction: King Bullion: The International Monetary Regime, 1848-73 * Part I: The Logic of Arbitrage * 1: Bimetalism in Theory * 2: Gold-Silver Points: Domestic Arbitrages and the Bimetallic System * 3: Bimetallic Exchange Rates: An Exploration * 4: Coin Memories: New Estimates of France's Specie Stock (1840 to 1878) * Part II: Policy and Profit: The Microeconomics of Bimetallism * 5: The Rules of the Bimetallic Game * 6: Scale and Scope: Coinage, Arbitrage and Bimetallism * Part II: Macroeconomics: Bimetallism's Success and Failure * 7: How did International Bimetallism Work? A Monetary Theory * Conclusion: The Glitter and the Shine * Appendixes
* Introduction: King Bullion: The International Monetary Regime, 1848-73 * Part I: The Logic of Arbitrage * 1: Bimetalism in Theory * 2: Gold-Silver Points: Domestic Arbitrages and the Bimetallic System * 3: Bimetallic Exchange Rates: An Exploration * 4: Coin Memories: New Estimates of France's Specie Stock (1840 to 1878) * Part II: Policy and Profit: The Microeconomics of Bimetallism * 5: The Rules of the Bimetallic Game * 6: Scale and Scope: Coinage, Arbitrage and Bimetallism * Part II: Macroeconomics: Bimetallism's Success and Failure * 7: How did International Bimetallism Work? A Monetary Theory * Conclusion: The Glitter and the Shine * Appendixes
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