ABSTRACT
In this volume an international team of distinguished monetary historians examine the historical experience of exchange rate behaviour under different monetary regimes. The main focus is on metallic standards and fixed exchange rates, such as the gold standard. With its combination of thematic overviews and case studies of the key countries and periods, the book greatly enhances our understanding of past monetary systems.
TABLE OF CONTENTS
part |2 pages
Part I MONETARY SYSTEMS
part |2 pages
Part II METALLIC STANDARDS
chapter 5|44 pages
“BIMETALLIC SNAKE” AND MONETARY REGIMES
The stability of the exchange rate between London and Paris from 1796 to 1873
chapter 7|32 pages
THE ANCIEN RÉGIME AND THE CLASSICS
Multimetallism, tabular standards and the classical theory of money
part |2 pages
Part III EXCHANGE-RATE BEHAVIOR UNDER THE GOLD STANDARD
chapter 10|32 pages
TERMS-OF-TRADE VARIABILITY AND ADHERENCE TO THE GOLD STANDARD: THE CASES OF PORTUGAL
The cases of Portugal and Spain