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Getting Pegged: Comparing the 1879 and 1925 Gold Resumptions

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NBER1996-03-01 更新2025-01-04 收录
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We compare the resumption of convertibility into gold by the United States in 1879 and Britain in 1925 to ascertain the degree to which the outcomes reflected differences in strategies adopted by the authorities or in the external environment. It is concluded that external factors were the most

创建时间:
1996-03-01
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