Measuring Market Integration: Foreign Exchange Arbitrage and the Gold Standard, 1879-1913
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A major question in the literature on the classical gold standard concerns the efficiency of international arbitrage. Authors have examined efficiency by looking at the spread of the gold points, gold point violations, the flow of gold, or by tests of various asset market criteria, including
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美国国家经济研究局创建时间：
2004-06-01
