A model of the gold standard

DOI10.1016/J.JET.2023.105759MaRDI QIDQ6139979OpenAlexFDO

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

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)

Recommendations

• INTERNATIONAL RESERVES CRISES, MONETARY INTEGRATION, AND THE PAYMENTS SYSTEM DURING THE INTERNATIONAL GOLD STANDARD
• Dynamic consequences of stabilization policies based on a return to a gold standard
• The suspension of the gold standard as sustainable monetary policy
• The demonetization of gold: transactions and the change in control
• Optimal monetary policy under a global dollar standard: the effect of vertical trade and production

Cites work

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

This page was built for publication: A model of the gold standard

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q6139979)