A model of the gold standard

DOI10.1016/J.JET.2023.105759OpenAlexW4388570519MaRDI QIDQ6139979FDOQ6139979

Authors: Jesús Fernández-Villaverde, Daniel Sanches 

Publication date: 19 January 2024

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2023.105759

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zbMATH Keywords

gold standardnon-neutrality of moneyinelastic money supplylong-run price stabilityspecie flows

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Trade models (91B60)

Cites Work

• Dynamics, cycles, and sunspot equilibria in `genuinely dynamic, fundamentally disaggregative' models of money.
• Money and prices: A model of search and bargaining
• Toward a Theory of International Currency
• Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium
• Over-the-counter trade and the value of assets as collateral
• Asset liquidity and international portfolio choice
• Money mining and price dynamics: the case of divisible currencies
• The real effects of monetary expansions: evidence from a large-scale historical experiment
• A model of the international monetary system
• Vehicle currency

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