메뉴 건너뛰기




Volumn 46, Issue 3, 2000, Pages 605-620

Realignment expectations and the US dollar, 1890-1897: Was there a `Peso problem'?

Author keywords

C53; Credibility; E58; F31; F33; Fixed exchange rates; Gold standard; Interest parity; Peso problem

Indexed keywords


EID: 0034363466     PISSN: 03043932     EISSN: None     Source Type: Journal    
DOI: 10.1016/S0304-3932(00)00040-4     Document Type: Article
Times cited : (18)

References (24)
  • 1
    • 0001410371 scopus 로고
    • Forecasting pre-World War I inflation: The Fisher effect and the gold standard
    • Barsky R.B., De Long J.B. Forecasting pre-World War I inflation. the Fisher effect and the gold standard Quarterly Journal of Economics. 106:1989;815-836.
    • (1989) Quarterly Journal of Economics , vol.106 , pp. 815-836
    • Barsky, R.B.1    De Long, J.B.2
  • 2
    • 0001746152 scopus 로고
    • Budget balance through revenue or spending adjustments? Some historical evidence for the United States
    • Bohn H. Budget balance through revenue or spending adjustments? Some historical evidence for the United States. Journal of Monetary Economics. 27:1991;333-359.
    • (1991) Journal of Monetary Economics , vol.27 , pp. 333-359
    • Bohn, H.1
  • 3
    • 0012785389 scopus 로고    scopus 로고
    • Violations of the `rules of the game' and the credibility of the classical gold standard, 1880-1914.
    • Bordo, M.D., MacDonald, R., 1997. Violations of the `rules of the game' and the credibility of the classical gold standard, 1880-1914. NBER working paper no. 6115.
    • (1997) NBER working paper no. , vol.6115
    • Bordo, M.D.1    MacDonald, R.2
  • 5
    • 84869870339 scopus 로고
    • Greenback resumption and silver risk: the economics and politics of monetary regime change in the United States, 1862-1900.
    • (Reprinted in Bordo, M., Capie, F. (Eds.) Monetary Regimes in Transition, Cambridge University Press, Cambridge).
    • Calomiris, C.W., 1992. Greenback resumption and silver risk: the economics and politics of monetary regime change in the United States, 1862-1900. NBER working paper no. 4166 (Reprinted in Bordo, M., Capie, F. (Eds.), 1994. Monetary Regimes in Transition, Cambridge University Press, Cambridge).
    • (1992) NBER working paper no. , vol.4166
    • Calomiris, C.W.1
  • 9
    • 84924207988 scopus 로고
    • A counterfactual exercise: estimating the effect of continuing bimetallism after 1873.
    • Harcourt Brace and Co., New York.
    • Friedman, M., 1992. A counterfactual exercise: estimating the effect of continuing bimetallism after 1873. In: Money Mischief: Episodes of Monetary History. Harcourt Brace and Co., New York.
    • (1992) In: Money Mischief: Episodes of Monetary History.
    • Friedman, M.1
  • 11
    • 0000964230 scopus 로고
    • Nominal contracts in a bimetallic standard
    • Garber P.M. Nominal contracts in a bimetallic standard. American Economic Review. 76:1986;1012-1030.
    • (1986) American Economic Review , vol.76 , pp. 1012-1030
    • Garber, P.M.1
  • 12
    • 0003335579 scopus 로고
    • Bretton Woods and its precursors: rules versus discretion in the history of the international monetary system.
    • In: Bordo, M., Eichengreen, B. (Eds.) University of Chicago Press, Chicago.
    • Giovannini, A., 1993. Bretton Woods and its precursors: rules versus discretion in the history of the international monetary system. In: Bordo, M., Eichengreen, B. (Eds.), A Retrospective on the Bretton Woods System. University of Chicago Press, Chicago.
    • (1993) A Retrospective on the Bretton Woods System.
    • Giovannini, A.1
  • 13
    • 84993601065 scopus 로고
    • On the relation between the expected value and the volatility of the nominal excess return on stocks
    • Glosten L., Jagannathan R., Runkle D. On the relation between the expected value and the volatility of the nominal excess return on stocks. Journal of Finance. 48:1993;1779-1801.
    • (1993) Journal of Finance , vol.48 , pp. 1779-1801
    • Glosten, L.1    Jagannathan, R.2    Runkle, D.3
  • 15
    • 0038143631 scopus 로고    scopus 로고
    • Credibility and fundamentals: was the gold standard a well-behaved target zone?
    • In: Bayoumi, T., Eichengreen, B., Taylor, M. (Eds.) Cambridge University Press, Cambridge.
    • Hallwood, C.P., MacDonald, R., Marsh, I.W., 1997. Credibility and fundamentals: was the gold standard a well-behaved target zone? In: Bayoumi, T., Eichengreen, B., Taylor, M. (Eds.), Modern Perspectives on the Gold Standard. Cambridge University Press, Cambridge.
    • (1997) Modern Perspectives on the Gold Standard.
    • Hallwood, C.P.1    MacDonald, R.2    Marsh, I.W.3
  • 16
    • 0001054949 scopus 로고
    • The `peso problem' in testing the efficiency of forward exchange markets
    • Krasker W.S. The `peso problem' in testing the efficiency of forward exchange markets. Journal of Monetary Economics. 6:1980;269-276.
    • (1980) Journal of Monetary Economics , vol.6 , pp. 269-276
    • Krasker, W.S.1
  • 18
    • 85037798504 scopus 로고
    • Statistics for the United States, 1867-1909.
    • National Monetary Commission Government Printing Office, Washington DC
    • National Monetary Commission, 1910. Statistics for the United States, 1867-1909. Government Printing Office, Washington DC, Document No. 570. 61st Congress, Second Session.
    • (1910) Document No. 570. 61st Congress, Second Session.
  • 19
    • 0000197893 scopus 로고
    • Target zone models with stochastic realignments: An econometric evaluation
    • Mizrach B. Target zone models with stochastic realignments. an econometric evaluation Journal of International Money and Finance. 14:1995;641-657.
    • (1995) Journal of International Money and Finance , vol.14 , pp. 641-657
    • Mizrach, B.1
  • 21
    • 21844524407 scopus 로고
    • Expected and predicted realignments: The FF/DM exchange rate during the EMS
    • Rose A.K., Svensson L.E.O. Expected and predicted realignments. the FF/DM exchange rate during the EMS Scandinavian Journal of Economics. 97:1995;173-200.
    • (1995) Scandinavian Journal of Economics , vol.97 , pp. 173-200
    • Rose, A.K.1    Svensson, L.E.O.2
  • 22
    • 0002137533 scopus 로고
    • A century of British market interest rates, 1874-1975.
    • University of Chicago Press, Chicago.
    • Schwartz, A.J., 1987. A century of British market interest rates, 1874-1975. In: Money in Historical Perspective. University of Chicago Press, Chicago.
    • (1987) In: Money in Historical Perspective.
    • Schwartz, A.J.1
  • 23
    • 84974173033 scopus 로고
    • The Morgan-Belmont syndicate of 1895 and intervention in the foreign-exchange market
    • Simon M. The Morgan-Belmont syndicate of 1895 and intervention in the foreign-exchange market. Business History Review. 42:1968;385-417.
    • (1968) Business History Review , vol.42 , pp. 385-417
    • Simon, M.1
  • 24
    • 0001205371 scopus 로고
    • An interpretation of recent research on exchange rate target zones
    • Svensson L.E.O. An interpretation of recent research on exchange rate target zones. Journal of Economic Perspectives. 6:1992;119-144.
    • (1992) Journal of Economic Perspectives , vol.6 , pp. 119-144
    • Svensson, L.E.O.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.