Gold Standard

Floating rates worth weight in gold for Germany

German society was better off under the floating exchange-rate regime than during the pre-first world war classical gold standard period, finds a paper by Michael Bordo and Bernhard Eschweiler for the National Bureau of Economic Research.

Roth on seventy years after the gold standard

In the speech 'Seventy years after - the final collapse of the gold standard in September 1936' given on 15 December Jean-Pierre Roth of the Swiss National Bank said the Swiss like to remember that their currency has only been devalued once since its…

Historical Model Describes 1900s Gold Standard

RESEARCH - An article in the latest edition of Economic Perspectives, from the Chicago Fed, looks at how the United States adopted the gold standard in the late nineteenth century, pegging the dollar to the British pound sterling and other currencies.

Is the crisis problem growing more severe?

ARTICLE - In the latest issue of journal Economic Policy, economist Barry Eichengreen et al ask whether financial crises are becoming more frequent and more disruptive. Looking back over 120 years of financial history, the authors find that there is …

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