Includes errata. Includes bibliographical references and index.
Contents:
Modern perspectives on the gold standard: introduction / Tamim Bayoumi, Barry Eichengreen, and Mark P. Taylor -- Unit roots, shocks, and VARs and their place in history: an introductory guide / Terence C. Mills -- The gold standard as a commitment mechanism / Michael D. Bordo and Finn E. Kydland -- Market efficiency and regime efficiency under the 1925-1931 dollar/sterling gold standard / Lawrence H. Officer -- Credibility and fundamentals: were the classical and intwar gold standards well-behaved target zones? / C. Paul Hallwood, Ronald McDonald, and Ian W. Marsh -- The stability of the gold standard and the evolution of the international monetary fund system / Tamim Bayoumi and Barry Eichengreen -- International adjustments under the classical gold standard: evidence from the United States and Britain, 1879-1914 / Charles W. Calomiris and R. Glenn Hubbard -- Balance of payment adjustment under the gold standard policies: Canada and Australia compared / Trevor J. O. Dick, John E. Floyd and David Pope -- Money demand and supply under the gold standard: the United Kingdom, 1870-1914 / Forrest H. Capie and Geoffrey E. Wood -- Stability and forward-looking behavior: the demand for broad money in the United Kingdom, 1871-1913 / Mark P. Taylor and Geoffrey E. Wood -- The dollar/pound real exchange rate and fiscal policy during the gold standard period / Graciela L. Kaminsky and Michael Klein -- Exchange rate dynamics and monetary reforms: theory and evidence from Britain's return to gold / Panos Michael, A. Robert Nobay, and David A. Peel -- Déja vu all over again: lessons from the gold standard for European monetary unification / Barry Eichengreen.
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