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The Real Exchange Rate and Fiscal Policy During the Gold Standard PeriodEvidence from the United States and Great Britain

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NBER1994-07-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w4809
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We study the determinants of the dollar/pound real exchange rate from 1879 to 1914 focusing on the role of fiscal policy. We present a simple dynamic model of the real exchange rate to frame our analysis. The econometric results are based upon the decomposition of the sources of the innovation of
提供机构:
美国国家经济研究局
创建时间:
1994-07-01
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