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The Gold Standard and the Bank of England in the Crisis of 1847

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NBER1982-12-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1039
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This paper examines the operation of the gold standard and the performance of the Bank of England during the crisis of 1847. The key feature of that crisis has been its origin: it originated from a massive real shock rather than from monetary disorder. A harvest failure gave rise to commercial

本文考察了1847年金融危机期间金本位制(gold standard)的运行情况与英格兰银行(Bank of England)的运营表现。此次危机的核心特征在于其起源:它源于一场大规模的实际冲击,而非货币体系紊乱。一场农业歉收引发了商业
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美国国家经济研究局
创建时间:
1982-12-01
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