A Model of the Gold Standard
收藏NBER2022-09-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w30457
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资源简介:
The gold standard emerged as the international monetary system by the end of the 19th century. We formally study its properties in a micro-founded model and find that the scarcity of the world gold stock not only results in a suboptimal output of goods that are purchased with money but also subjects
提供机构:
美国国家经济研究局
创建时间:
2022-09-01



