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Why didn't France follow the British Stabilization after World War One?

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NBER2003-07-01 更新2025-01-04 收录
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https://www.nber.org/papers/w9860
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We show that the size of the public debt, the budget deficit and the monetary overhang made it impossible for France to stabilize its price level and return to the pre-war parity immediately after World War I, even on the anti-keynesian assumption that a stabilization would not have had any negative
提供机构:
美国国家经济研究局
创建时间:
2003-07-01
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