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The Worldwide Change in the Behavior of Interest Rates and Prices in 1914

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NBER1987-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w2344
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This paper evaluates the role of the destruction of the gold standard and the founding of the Federal Reserve, both of which occurred in 1914, in contributing to observed changes in the behavior of interest rates and prices after 1914. The paper presents a model of policy coordination in which the
提供机构:
美国国家经济研究局
创建时间:
1987-08-01
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