The Gold Standard Peripheries [electronic resource] : Monetary Policy, Adjustment and Flexibility in a Global Setting /
Ögren, Anders.author.
Øksendal, Lars Fredrik.author.
The remarkably successful gold standard before 1914 was the first international monetary regime. This book addresses the experience of the gold standard peripheries; i.e. regime takers with limited influence on the regime. How did small countries adjust to an international monetary regime with seemingly little room for policy autonomy?
Description based upon print version of record.
""Cover""; ""Contents""; ""List of Tables and Figures""; ""Acknowledgements""; ""Notes on the Contributors""; ""List of Abbreviations""; ""1 The Case for the Peripheries""; ""Silver or gold?""; ""Managed or automatic?""; ""The problem of adjustment and the 'rules of the game'""; ""What made it successful?""; ""What can we learn from the peripheries?""; ""PART I: SCANDINAVIA""; ""2 Central Banking and Monetary Policy in Sweden during the Long Nineteenth Century""; ""The influence of the monetary policy of the Riksbank""
""Creating flexibility in a system of rigidity: the Riksbank's monetary policy""""Conclusion""; ""3 Freedom for Manoeuvre: The Norwegian Gold Standard Experience, 1874â€?1914""; ""Norway in the nineteenth century""; ""Understanding the gold standard""; ""Norwegian monetary policy constraints""; ""Mapping the two phenomena""; ""Mastering conflicting objectives""; ""Conclusion""; ""4 Price Stability in the Periphery during the International Gold Standard: Scandinavia""; ""Overview""; ""Data""; ""Domestic price stability""; ""Inflation persistence""; ""Cross-border price stability""
""Conclusion""""5 Monetary Policy in the Nordic Countries during the Classical Gold Standard Period: The Wicksellian View""; ""Introduction""; ""Economic and historical background""; ""The model""; ""Estimation""; ""Results of the empirical analysis""; ""Conclusion""; ""Appendix""; ""PART II: THE EUROPEAN CONTINENT""; ""6 Foreign Exchange Reserve Management in the Nineteenth Century: The National Bank of Belgium in the 1850s""; ""Foreign exchange reserve management in the twenty-first century""; ""Foreign exchange reserve management in the nineteenth century""
""Financial risk in nineteenth-century foreign reserve management: Belgium""""Operational risk in nineteenth-century foreign reserve management: Belgium""; ""Conclusion""; ""7 Belgian Monetary Policy under the Gold Standard during the Interwar Period""; ""The first Belgian attempts to restore the gold standard""; ""The gold exchange standard under pressure""; ""From a gold exchange standard to a gold bullion standard""; ""The money supply in Belgium during the interwar period: an overview""; ""Conclusion""; ""8 Floating against the Tide: Spanish Monetary Policy, 1870â€?1931""
""Capital mobility, fiscal deficits and the balance of payments""""The monetary policy of the Bank of Spain during the classical gold standard, 1874â€?1913""; ""The Bank of Spain and the gold exchange standard, 1914â€?31""; ""Conclusion""; ""9 Monetary Policy in Southeast Europe on the Road to the Gold Standard""; ""Financial stability""; ""Monetary autonomy and policy""; ""Fiscal interference""; ""Conclusion""; ""PART III: ASIA AND SOUTH AMERICA""; ""10 Domestic Public Debt, Gold Standard and Civil Wars: Institutional Interconnections in Nineteenth-Century Colombia""
""Fiscal deficit and domestic public debt""
The remarkably successful gold standard before 1914 was the first international monetary regime. This book addresses the experience of the gold standard peripheries; i.e. regime takers with limited influence on the regime. How did small countries adjust to an international monetary regime with seemingly little room for policy autonomy?
Business enterprises-Finance.
Finance-History.
Risk management.
Economic policy.
Banks and banking.
Macroeconomics.
Business Finance.
Financial History.
Risk Management.
Economic Policy.
Banking.
Macroeconomics/Monetary Economics//Financial Economics.