메뉴 건너뛰기




Volumn 1, Issue PART A, 1999, Pages 149-234

Chapter 3 Monetary policy regimes and economic performance: The historical record

Author keywords

Bretton Woods; convertibility rule; difference stationary process; domestic policy regime; exchange rate arrangements; Federal Reserve; gold standard; Great Depression; Great Inflation of the 1970s; inflation level; inflation persistence; inflation variability; managed float; nominal anchor; output level; output variability; permanent shocks; price level uncertainty; rules; stabilization goals; temporary shocks; trend stationary process

Indexed keywords


EID: 77956730414     PISSN: 15740048     EISSN: None     Source Type: Book Series    
DOI: 10.1016/S1574-0048(99)01006-X     Document Type: Review
Times cited : (75)

References (268)
  • 1
    • 84972048097 scopus 로고
    • Catching up, forging ahead, and falling behind
    • June
    • June. Abramovitz M. Catching up, forging ahead, and falling behind. Journal of Economic History 46 2 (1986) 385-406
    • (1986) Journal of Economic History , vol.46 , Issue.2 , pp. 385-406
    • Abramovitz, M.1
  • 2
    • 0016355478 scopus 로고
    • A new look at the statistical model identification
    • Akaike H. A new look at the statistical model identification. IEEE Transactions on Automatic Control A619 (1974) 716-723
    • (1974) IEEE Transactions on Automatic Control , vol.A619 , pp. 716-723
    • Akaike, H.1
  • 4
    • 0000652243 scopus 로고
    • Why are stabilizations delayed?
    • Alesina A., and Drazen A. Why are stabilizations delayed?. American Economic Review 81 5 (1991) 1170-1188
    • (1991) American Economic Review , vol.81 , Issue.5 , pp. 1170-1188
    • Alesina, A.1    Drazen, A.2
  • 5
    • 0001613089 scopus 로고
    • Monetary accommodation, exchange rate regimes and inflation persistence
    • May
    • May. Alogoskoufis G.S. Monetary accommodation, exchange rate regimes and inflation persistence. Economic Journal 102 412 (1992) 461-480
    • (1992) Economic Journal , vol.102 , Issue.412 , pp. 461-480
    • Alogoskoufis, G.S.1
  • 6
    • 0000729350 scopus 로고
    • The Phillips curve, the persistence of inflation and the Lucas critique: evidence from exchange-rate regimes
    • Alogoskoufis G.S., and Smith R. The Phillips curve, the persistence of inflation and the Lucas critique: evidence from exchange-rate regimes. American Economic Review 81 2 (1991) 1254-1273
    • (1991) American Economic Review , vol.81 , Issue.2 , pp. 1254-1273
    • Alogoskoufis, G.S.1    Smith, R.2
  • 7
    • 0004206638 scopus 로고
    • Reprint of the 1915 edition. 1969, Arno Press, New York
    • Reprint of the 1915 edition. Bagehot W. Lombard Street. 1969 (1873), Arno Press, New York
    • (1873) Lombard Street
    • Bagehot, W.1
  • 9
    • 0000510879 scopus 로고
    • Credible disinflation with staggered price-setting
    • (March)
    • (March). Ball L. Credible disinflation with staggered price-setting. American Economic Review 84 (1994) 282-289
    • (1994) American Economic Review , vol.84 , pp. 282-289
    • Ball, L.1
  • 10
    • 84881728487 scopus 로고
    • Money and the price level under the gold standard
    • Barro R.J. Money and the price level under the gold standard. Economic Journal 89 (1979) 12-33
    • (1979) Economic Journal , vol.89 , pp. 12-33
    • Barro, R.J.1
  • 11
  • 12
    • 49049128000 scopus 로고
    • Rules, discretion and reputation in a model of monetary policy
    • Barro R.J., and Gordon D.B. Rules, discretion and reputation in a model of monetary policy. Journal of Monetary Economics 12 (1983) 101-121
    • (1983) Journal of Monetary Economics , vol.12 , pp. 101-121
    • Barro, R.J.1    Gordon, D.B.2
  • 13
    • 0002008874 scopus 로고
    • The Fisher hypothesis and the forecastability and persistence of inflation
    • January
    • January. Barsky R.B. The Fisher hypothesis and the forecastability and persistence of inflation. Journal of Monetary Economics 19 1 (1987) 3-24
    • (1987) Journal of Monetary Economics , vol.19 , Issue.1 , pp. 3-24
    • Barsky, R.B.1
  • 14
    • 45149143904 scopus 로고
    • Business cycles and the exchange-rate regime: some international evidence
    • (May)
    • (May). Baxter M., and Stockman A.C. Business cycles and the exchange-rate regime: some international evidence. Journal of Monetary Economics 23 (1989) 377-400
    • (1989) Journal of Monetary Economics , vol.23 , pp. 377-400
    • Baxter, M.1    Stockman, A.C.2
  • 15
    • 11744273438 scopus 로고    scopus 로고
    • Getting pegged: comparing the 1879 and 1925 gold resumptions
    • Bayoumi T., and Bordo M.D. Getting pegged: comparing the 1879 and 1925 gold resumptions. Oxford Economic Papers 50 (1998) 122-149
    • (1998) Oxford Economic Papers , vol.50 , pp. 122-149
    • Bayoumi, T.1    Bordo, M.D.2
  • 16
    • 3042534658 scopus 로고
    • Economic performance under alternative exchange rate regimes: some historical evidence
    • Kenen P., Papadia F., and Saccomani F. (Eds), Cambridge University Press, Chicago, IL
    • Bayoumi T., and Eichengreen B. Economic performance under alternative exchange rate regimes: some historical evidence. In: Kenen P., Papadia F., and Saccomani F. (Eds). The International Monetary System (1994), Cambridge University Press, Chicago, IL 257-297
    • (1994) The International Monetary System , pp. 257-297
    • Bayoumi, T.1    Eichengreen, B.2
  • 17
    • 0000665615 scopus 로고
    • Macroeconomic adjustment under Bretton Woods and the post-Bretton Woods float: an impulse-response analysis
    • (July)
    • (July). Bayoumi T., and Eichengreen B. Macroeconomic adjustment under Bretton Woods and the post-Bretton Woods float: an impulse-response analysis. Economic Journal 104 (1994) 813-827
    • (1994) Economic Journal , vol.104 , pp. 813-827
    • Bayoumi, T.1    Eichengreen, B.2
  • 18
    • 0000892357 scopus 로고
    • Searching for an explanation of unemployment in interwar Britain
    • Benjamin D., and Kochin L. Searching for an explanation of unemployment in interwar Britain. Journal of Political Economy 87 (1979) 441-478
    • (1979) Journal of Political Economy , vol.87 , pp. 441-478
    • Benjamin, D.1    Kochin, L.2
  • 19
    • 4244176207 scopus 로고
    • Unemployment and unemployment benefits in 20th Century Britain: a reply to our critics
    • Benjamin D., and Kochin L. Unemployment and unemployment benefits in 20th Century Britain: a reply to our critics. Journal of Political Economy 90 (1982) 410-436
    • (1982) Journal of Political Economy , vol.90 , pp. 410-436
    • Benjamin, D.1    Kochin, L.2
  • 20
    • 0001114148 scopus 로고
    • Non-monetary effects of the financial crisis in the propagation of the great depression
    • (June)
    • (June). Bernanke B.S. Non-monetary effects of the financial crisis in the propagation of the great depression. American Economic Review 73 (1983) 257-276
    • (1983) American Economic Review , vol.73 , pp. 257-276
    • Bernanke, B.S.1
  • 21
    • 21844492102 scopus 로고
    • The macroeconomics of the great depression: a comparative approach
    • (February)
    • (February). Bernanke B.S. The macroeconomics of the great depression: a comparative approach. Journal of Money, Credit and Banking 27 (1995) 1-28
    • (1995) Journal of Money, Credit and Banking , vol.27 , pp. 1-28
    • Bernanke, B.S.1
  • 22
    • 0008703841 scopus 로고    scopus 로고
    • Nominal wage stickiness and aggregate supply in the great depression
    • (August)
    • (August). Bernanke B.S., and Carey K. Nominal wage stickiness and aggregate supply in the great depression. Quarterly Journal of Economics 111 (1996) 853-883
    • (1996) Quarterly Journal of Economics , vol.111 , pp. 853-883
    • Bernanke, B.S.1    Carey, K.2
  • 23
    • 84977364496 scopus 로고
    • Agency costs, net worth, and business fluctuations
    • (March)
    • (March). Bernanke B.S., and Gertler M. Agency costs, net worth, and business fluctuations. American Economic Review 79 (1989) 14-31
    • (1989) American Economic Review , vol.79 , pp. 14-31
    • Bernanke, B.S.1    Gertler, M.2
  • 24
    • 0003019856 scopus 로고
    • The Gold Standard, deflation and financial crisis in the great depression: an international comparison
    • Hubbard R.G. (Ed), University of Chicago Press, Cambridge
    • Bernanke B.S., and James H. The Gold Standard, deflation and financial crisis in the great depression: an international comparison. In: Hubbard R.G. (Ed). Financial Markets and Financial Crisis (1991), University of Chicago Press, Cambridge 33-68
    • (1991) Financial Markets and Financial Crisis , pp. 33-68
    • Bernanke, B.S.1    James, H.2
  • 25
    • 0029846652 scopus 로고    scopus 로고
    • A small open economy in depression: lessons from Canada in the 1930s
    • (February)
    • (February). Betts C.M., Bordo M.D., and Redish A. A small open economy in depression: lessons from Canada in the 1930s. Canadian Journal of Economics 29 (1996) 1-36
    • (1996) Canadian Journal of Economics , vol.29 , pp. 1-36
    • Betts, C.M.1    Bordo, M.D.2    Redish, A.3
  • 26
    • 85016078433 scopus 로고
    • The dynamic effects of aggregate demand and aggregate supply disturbances
    • (September)
    • (September). Blanchard O.J., and Quah D.T. The dynamic effects of aggregate demand and aggregate supply disturbances. American Economic Review 79 (1989) 655-673
    • (1989) American Economic Review , vol.79 , pp. 655-673
    • Blanchard, O.J.1    Quah, D.T.2
  • 27
    • 0000318562 scopus 로고
    • The dynamic effects of aggregate demand and supply disturbances: reply
    • (June)
    • (June). Blanchard O.J., and Quah D.T. The dynamic effects of aggregate demand and supply disturbances: reply. American Economic Review 88 (1993) 653-658
    • (1993) American Economic Review , vol.88 , pp. 653-658
    • Blanchard, O.J.1    Quah, D.T.2
  • 29
    • 5344259948 scopus 로고
    • The Classical Gold Standard: some lessons for today
    • (May)
    • (May). Bordo M.D. The Classical Gold Standard: some lessons for today. Federal Reserve Bank of St. Louis Review 63 (1981) 2-17
    • (1981) Federal Reserve Bank of St. Louis Review , vol.63 , pp. 2-17
    • Bordo, M.D.1
  • 30
    • 4243782937 scopus 로고
    • The Gold Standard: the traditional approach
    • Bordo M.D., and Schwartz A.J. (Eds), University of Chicago Press, New York
    • Bordo M.D. The Gold Standard: the traditional approach. In: Bordo M.D., and Schwartz A.J. (Eds). A Retrospective on the Classical Gold Standard, 1821-1931 (1984), University of Chicago Press, New York 23-119
    • (1984) A Retrospective on the Classical Gold Standard, 1821-1931 , pp. 23-119
    • Bordo, M.D.1
  • 31
    • 0009066579 scopus 로고
    • The Bretton Woods international monetary system. A historical overview
    • Bordo M.D., and Eichengreen B. (Eds), University of Chicago Press, Chicago, IL
    • Bordo M.D. The Bretton Woods international monetary system. A historical overview. In: Bordo M.D., and Eichengreen B. (Eds). A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform (1993), University of Chicago Press, Chicago, IL 3-108
    • (1993) A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform , pp. 3-108
    • Bordo, M.D.1
  • 32
    • 0008633994 scopus 로고
    • The Gold Standard, Bretton Woods and other monetary regimes: an historical appraisal
    • Special Issue, April-May. Dimensions of Monetary Policy: Essays in Honor of Anatole B. Balbach
    • Special Issue, April-May. Bordo M.D. The Gold Standard, Bretton Woods and other monetary regimes: an historical appraisal. Dimensions of Monetary Policy: Essays in Honor of Anatole B. Balbach. Federal Reserve Bank of St. Louis Review (1993)
    • (1993) Federal Reserve Bank of St. Louis Review
    • Bordo, M.D.1
  • 33
    • 0029477852 scopus 로고
    • Is there a good case for a new Bretton Woods International Monetary System?
    • (May)
    • (May). Bordo M.D. Is there a good case for a new Bretton Woods International Monetary System?. AEA Papers and Proceedings (1995) 317-322
    • (1995) AEA Papers and Proceedings , pp. 317-322
    • Bordo, M.D.1
  • 34
    • 0008045236 scopus 로고    scopus 로고
    • Implications of the Great Depression for the development of the International Monetary System
    • Bordo M.D., Goldin C., and White E.N. (Eds), University of Chicago Press, Chicago, IL
    • Bordo M.D., and Eichengreen B. Implications of the Great Depression for the development of the International Monetary System. In: Bordo M.D., Goldin C., and White E.N. (Eds). The Defining Moment: The Great Depression and the American Economy in the 20th Century (1998), University of Chicago Press, Chicago, IL
    • (1998) The Defining Moment: The Great Depression and the American Economy in the 20th Century
    • Bordo, M.D.1    Eichengreen, B.2
  • 35
    • 0041167143 scopus 로고
    • A model of the Classical Gold Standard with depletion
    • July
    • July. Bordo M.D., and Ellson R.E. A model of the Classical Gold Standard with depletion. Journal of Monetary Economics 16 1 (1985) 109-120
    • (1985) Journal of Monetary Economics , vol.16 , Issue.1 , pp. 109-120
    • Bordo, M.D.1    Ellson, R.E.2
  • 37
    • 85025523135 scopus 로고
    • The long-run behavior of velocity: the institutional approach revisited
    • (Summer)
    • (Summer). Bordo M.D., and Jonung L. The long-run behavior of velocity: the institutional approach revisited. Journal of Policy Modeling 12 (1990) 165-197
    • (1990) Journal of Policy Modeling , vol.12 , pp. 165-197
    • Bordo, M.D.1    Jonung, L.2
  • 39
    • 0000773844 scopus 로고
    • The Gold Standard as a rule: an essay in exploration
    • October
    • October. Bordo M.D., and Kydland F.E. The Gold Standard as a rule: an essay in exploration. Explorations in Economic History 32 4 (1995) 423-464
    • (1995) Explorations in Economic History , vol.32 , Issue.4 , pp. 423-464
    • Bordo, M.D.1    Kydland, F.E.2
  • 40
    • 0038888722 scopus 로고    scopus 로고
    • The Gold Standard as a commitment mechanism
    • Bayoumi T., Eichengreen B., and Taylor M. (Eds), Cambridge University Press, London
    • Bordo M.D., and Kydland F.E. The Gold Standard as a commitment mechanism. In: Bayoumi T., Eichengreen B., and Taylor M. (Eds). Modern Perspectives on the Gold Standard (1996), Cambridge University Press, London
    • (1996) Modern Perspectives on the Gold Standard
    • Bordo, M.D.1    Kydland, F.E.2
  • 41
    • 0012785389 scopus 로고    scopus 로고
    • Violations of the 'Rules of the Game' and the credibility of the Classical Gold Standard, 1880-1914
    • July, NBER, Cambridge
    • July. Bordo M.D., and MacDonald R. Violations of the 'Rules of the Game' and the credibility of the Classical Gold Standard, 1880-1914. Working Paper (1997), NBER, Cambridge
    • (1997) Working Paper
    • Bordo, M.D.1    MacDonald, R.2
  • 42
    • 0037852306 scopus 로고    scopus 로고
    • The Gold Standard as a 'Good Housekeeping Seal of Approval'
    • June
    • June. Bordo M.D., and Rockoff H. The Gold Standard as a 'Good Housekeeping Seal of Approval'. Journal of Economic History 56 2 (1996) 384-428
    • (1996) Journal of Economic History , vol.56 , Issue.2 , pp. 384-428
    • Bordo, M.D.1    Rockoff, H.2
  • 43
    • 0041773979 scopus 로고
    • Transmission of real and monetary disturbances under fixed and floating rates
    • Dorn J.A., and Niskanen W.A. (Eds), Kluwer, Boston
    • Bordo M.D., and Schwartz A.J. Transmission of real and monetary disturbances under fixed and floating rates. In: Dorn J.A., and Niskanen W.A. (Eds). Dollars, Deficits and Trade (1989), Kluwer, Boston 237-258
    • (1989) Dollars, Deficits and Trade , pp. 237-258
    • Bordo, M.D.1    Schwartz, A.J.2
  • 44
    • 0006925458 scopus 로고    scopus 로고
    • Why clashes between internal and external stability goals end in currency crises, 1797-1994
    • Bordo M.D., and Schwartz A.J. Why clashes between internal and external stability goals end in currency crises, 1797-1994. Open Economies Review 7 Suppl. 1 (1996) 437-468
    • (1996) Open Economies Review , vol.7 , Issue.SUPPL. 1 , pp. 437-468
    • Bordo, M.D.1    Schwartz, A.J.2
  • 45
    • 0005346663 scopus 로고    scopus 로고
    • The operation of the Specie Standard: evidence for core and peripheral countries, 1880-1990
    • Braga de Macedo J., Eichengreen B., and Reis J. (Eds), Rutledge, Boston
    • Bordo M.D., and Schwartz A.J. The operation of the Specie Standard: evidence for core and peripheral countries, 1880-1990. In: Braga de Macedo J., Eichengreen B., and Reis J. (Eds). Currency Convertibility: The Gold Standard and Beyond (1996), Rutledge, Boston 11-83
    • (1996) Currency Convertibility: The Gold Standard and Beyond , pp. 11-83
    • Bordo, M.D.1    Schwartz, A.J.2
  • 46
    • 77956760092 scopus 로고    scopus 로고
    • What if Alexander Hamilton had been Argentinean: a comparison of the early monetary experiences of Argentina and the United States
    • NBER, New York
    • Bordo M.D., and Végh C.A. What if Alexander Hamilton had been Argentinean: a comparison of the early monetary experiences of Argentina and the United States. Working Paper No. 6862 (1998), NBER, New York
    • (1998) Working Paper No. 6862
    • Bordo, M.D.1    Végh, C.A.2
  • 47
    • 5344253539 scopus 로고
    • British and French finance during the Napoleonic Wars
    • Bordo M.D., and Capie F. (Eds), Cambridge University Press, Cambridge
    • Bordo M.D., and White E. British and French finance during the Napoleonic Wars. In: Bordo M.D., and Capie F. (Eds). Monetary Regimes in Transition (1993), Cambridge University Press, Cambridge
    • (1993) Monetary Regimes in Transition
    • Bordo, M.D.1    White, E.2
  • 48
    • 38249020933 scopus 로고
    • Money stock targeting, base drift, and price-level predictability: lessons from the U.K. experience
    • (March)
    • (March). Bordo M.D., Choudhri E.U., and Schwartz A.J. Money stock targeting, base drift, and price-level predictability: lessons from the U.K. experience. Journal of Monetary Economics 25 (1990) 253-272
    • (1990) Journal of Monetary Economics , vol.25 , pp. 253-272
    • Bordo, M.D.1    Choudhri, E.U.2    Schwartz, A.J.3
  • 49
    • 84977349295 scopus 로고
    • Could stable money have averted the great contraction?
    • (July)
    • (July). Bordo M.D., Choudhri E.U., and Schwartz A.J. Could stable money have averted the great contraction?. Economic Inquiry 33 (1995) 484-505
    • (1995) Economic Inquiry , vol.33 , pp. 484-505
    • Bordo, M.D.1    Choudhri, E.U.2    Schwartz, A.J.3
  • 50
    • 77956733099 scopus 로고    scopus 로고
    • Money, sticky wages and the Great Depression
    • June, NBER, Cambridge
    • June. Bordo M.D., Erceg C.J., and Evans C.L. Money, sticky wages and the Great Depression. Working Paper No. 6071 (1997), NBER, Cambridge
    • (1997) Working Paper No. 6071
    • Bordo, M.D.1    Erceg, C.J.2    Evans, C.L.3
  • 52
    • 84933023196 scopus 로고
    • An Analysis of Federal Reserve Monetary Policymaking
    • Government Printing Office, Washington, DC
    • Brunner K., and Meltzer A.H. An Analysis of Federal Reserve Monetary Policymaking. House Committee on Banking and Currency (1964), Government Printing Office, Washington, DC
    • (1964) House Committee on Banking and Currency
    • Brunner, K.1    Meltzer, A.H.2
  • 53
    • 0039217462 scopus 로고
    • What did we learn from the monetary experience of the United States in the Great Depression?
    • (May)
    • (May). Brunner K., and Meltzer A.H. What did we learn from the monetary experience of the United States in the Great Depression?. Canadian Journal of Economics 1 (1968) 334-348
    • (1968) Canadian Journal of Economics , vol.1 , pp. 334-348
    • Brunner, K.1    Meltzer, A.H.2
  • 54
    • 0004079519 scopus 로고
    • Money in the Economy: Issues in Monetary Analysis
    • Cambridge University Press, Washington, DC
    • Brunner K., and Meltzer A.H. Money in the Economy: Issues in Monetary Analysis. Raffaele Mattioli Lectures (1993), Cambridge University Press, Washington, DC
    • (1993) Raffaele Mattioli Lectures
    • Brunner, K.1    Meltzer, A.H.2
  • 56
    • 77956783331 scopus 로고
    • On the Report of the Gold Commission 1982 and convertible monetary systems
    • (Spring)
    • (Spring). Cagan P. On the Report of the Gold Commission 1982 and convertible monetary systems. Carnegie-Rochester Conference Series on Public Policy 21 (1984) 247-267
    • (1984) Carnegie-Rochester Conference Series on Public Policy , vol.21 , pp. 247-267
    • Cagan, P.1
  • 57
    • 0039751215 scopus 로고
    • Greenback resumption and silver risk: the economics and politics of monetary regime change in the United States, 1862-1900
    • Bordo M.D., and Capie F. (Eds), Cambridge University Press, New York
    • Calomiris C.W. Greenback resumption and silver risk: the economics and politics of monetary regime change in the United States, 1862-1900. In: Bordo M.D., and Capie F. (Eds). Monetary Regimes in Transition (1993), Cambridge University Press, New York
    • (1993) Monetary Regimes in Transition
    • Calomiris, C.W.1
  • 58
    • 0002232313 scopus 로고
    • The origin of banking panics: models, facts, and bank regulation
    • Hubbard R.G. (Ed), Chicago University Press, Cambridge
    • Calomiris C.W., and Gorton G. The origin of banking panics: models, facts, and bank regulation. In: Hubbard R.G. (Ed). Financial Markets and Financial Crises (1991), Chicago University Press, Cambridge 109-173
    • (1991) Financial Markets and Financial Crises , pp. 109-173
    • Calomiris, C.W.1    Gorton, G.2
  • 59
    • 0010813288 scopus 로고    scopus 로고
    • Was the Great Depression a watershed for American monetary policy?
    • Bordo M.D., Goldin C., and White E.N. (Eds), University of Chicago Press, Chicago, IL
    • Calomiris C.W., and Wheelock D.C. Was the Great Depression a watershed for American monetary policy?. In: Bordo M.D., Goldin C., and White E.N. (Eds). The Defining Moment: The Great Depression and the American Economy in the 20th Century (1998), University of Chicago Press, Chicago, IL 23-65
    • (1998) The Defining Moment: The Great Depression and the American Economy in the 20th Century , pp. 23-65
    • Calomiris, C.W.1    Wheelock, D.C.2
  • 60
    • 84981863506 scopus 로고
    • Monetary policy games and the role of private information
    • (December)
    • (December). Canzoneri M.B. Monetary policy games and the role of private information. American Economic Review 75 (1985) 1056-1070
    • (1985) American Economic Review , vol.75 , pp. 1056-1070
    • Canzoneri, M.B.1
  • 64
    • 0346102028 scopus 로고
    • The development of central banking
    • Capie F., Goodhart C., Fischer S., and Schnadt N. (Eds), Cambridge University Press, London
    • Capie F., Goodhart C., and Schnadt N. The development of central banking. In: Capie F., Goodhart C., Fischer S., and Schnadt N. (Eds). The Future of Central Banking (1994), Cambridge University Press, London 1-231
    • (1994) The Future of Central Banking , pp. 1-231
    • Capie, F.1    Goodhart, C.2    Schnadt, N.3
  • 65
    • 0000766544 scopus 로고
    • Prices during the Great Depression: was the deflation of 1930-1932 really unanticipated?
    • (March)
    • (March). Cecchetti S.G. Prices during the Great Depression: was the deflation of 1930-1932 really unanticipated?. American Economic Review 92 (1992) 141-156
    • (1992) American Economic Review , vol.92 , pp. 141-156
    • Cecchetti, S.G.1
  • 66
    • 21844525244 scopus 로고
    • Sources of output fluctuations during the interwar period: further evidence on the causes of the Great Depression
    • (February)
    • (February). Cecchetti S.G., and Karras G. Sources of output fluctuations during the interwar period: further evidence on the causes of the Great Depression. Review of Economics and Statistics 76 (1994) 80-102
    • (1994) Review of Economics and Statistics , vol.76 , pp. 80-102
    • Cecchetti, S.G.1    Karras, G.2
  • 68
    • 84928449702 scopus 로고
    • Interest rate seasonals and the Federal Reserve
    • (February)
    • (February). Clark T.A. Interest rate seasonals and the Federal Reserve. Journal of Political Economy 94 (1986) 76-125
    • (1986) Journal of Political Economy , vol.94 , pp. 76-125
    • Clark, T.A.1
  • 69
    • 84936823544 scopus 로고
    • How big is the random walk in GNP?
    • (October)
    • (October). Cochrane J.H. How big is the random walk in GNP?. Journal of Political Economy 96 (1988) 893-920
    • (1988) Journal of Political Economy , vol.96 , pp. 893-920
    • Cochrane, J.H.1
  • 70
    • 0025591195 scopus 로고
    • International evidence on the size of the random walk in output
    • (June)
    • (June). Cogley T. International evidence on the size of the random walk in output. Journal of Political Economy 98 (1990) 501-518
    • (1990) Journal of Political Economy , vol.98 , pp. 501-518
    • Cogley, T.1
  • 71
    • 0009955751 scopus 로고
    • Determinants of the Federal Funds rate: 1979-1982
    • (January-February)
    • (January-February). Cook T. Determinants of the Federal Funds rate: 1979-1982. Federal Reserve Bank of Richmond Economic Review 75 (1989) 3-19
    • (1989) Federal Reserve Bank of Richmond Economic Review , vol.75 , pp. 3-19
    • Cook, T.1
  • 72
    • 45349110134 scopus 로고
    • The effect of changes in the Federal Funds rate target on market interest rates in the 1970s
    • (November)
    • (November). Cook T., and Hahn T. The effect of changes in the Federal Funds rate target on market interest rates in the 1970s. Journal of Monetary Economics 24 (1989) 331-351
    • (1989) Journal of Monetary Economics , vol.24 , pp. 331-351
    • Cook, T.1    Hahn, T.2
  • 73
    • 0007981729 scopus 로고
    • The gold standard: historical facts and future prospects
    • 1982
    • 1982. Cooper R. The gold standard: historical facts and future prospects. Brookings Papers on Economic Activity 1 (1982) 1-45
    • (1982) Brookings Papers on Economic Activity , Issue.1 , pp. 1-45
    • Cooper, R.1
  • 74
    • 0030524915 scopus 로고    scopus 로고
    • Tariffs and aggregate economic activity: lessons from the Great Depression
    • (December)
    • (December). Crucini M.J., and Kahn J. Tariffs and aggregate economic activity: lessons from the Great Depression. Journal of Monetary Economics 38 (1996) 427-467
    • (1996) Journal of Monetary Economics , vol.38 , pp. 427-467
    • Crucini, M.J.1    Kahn, J.2
  • 75
    • 77956753446 scopus 로고
    • Arno Press, Washington, DC
    • First Interim Report of the Committee on Currency and Foreign Exchanges after the War. Cunliffe Report (1918), Arno Press, Washington, DC
    • (1918) Cunliffe Report
  • 77
    • 21844511356 scopus 로고
    • The operations of the Bank of England, 1890-1908: a dynamic probit approach
    • November Part I
    • November Part I. Davutyan N., and Parke W.R. The operations of the Bank of England, 1890-1908: a dynamic probit approach. Journal of Money, Credit and Banking 27 4 (1995) 1099-1112
    • (1995) Journal of Money, Credit and Banking , vol.27 , Issue.4 , pp. 1099-1112
    • Davutyan, N.1    Parke, W.R.2
  • 79
    • 26944492127 scopus 로고
    • Endogenous exchange rate regime switches
    • August, NBER, London
    • August. DeKock G., and Grilli V. Endogenous exchange rate regime switches. Working Paper No. 3066 (1989), NBER, London
    • (1989) Working Paper No. 3066
    • DeKock, G.1    Grilli, V.2
  • 80
    • 85036258669 scopus 로고
    • Distribution of the estimators for autoregressive time series with a unit root
    • Part I. (June)
    • Part I. Dickey D.A., and Fuller W.A. Distribution of the estimators for autoregressive time series with a unit root. (June). Journal of the American Statistical Association 74 (1979) 427-431
    • (1979) Journal of the American Statistical Association , vol.74 , pp. 427-431
    • Dickey, D.A.1    Fuller, W.A.2
  • 81
    • 46749106530 scopus 로고
    • The role of international organizations in the Bretton Woods system
    • Bordo M.D., and Eichengreen B. (Eds), University of Chicago Press, Chicago, IL
    • Dominguez K. The role of international organizations in the Bretton Woods system. In: Bordo M.D., and Eichengreen B. (Eds). A Retrospective on the Bretton Woods System (1993), University of Chicago Press, Chicago, IL 357-404
    • (1993) A Retrospective on the Bretton Woods System , pp. 357-404
    • Dominguez, K.1
  • 82
    • 0012096088 scopus 로고
    • Forecasting the Depression: Harvard versus Yale
    • (September)
    • (September). Dominguez K., Fair R.C., and Shapiro M.D. Forecasting the Depression: Harvard versus Yale. American Economic Review 78 (1988) 595-612
    • (1988) American Economic Review , vol.78 , pp. 595-612
    • Dominguez, K.1    Fair, R.C.2    Shapiro, M.D.3
  • 83
    • 0041036318 scopus 로고    scopus 로고
    • Commentary: How should central banks reduce inflation? - Conceptual issues
    • August, Federal Reserve Bank of Kansas City, Chicago, IL
    • August. Dornbusch R. Commentary: How should central banks reduce inflation? - Conceptual issues. Achieving Price Stability (1996), Federal Reserve Bank of Kansas City, Chicago, IL 93-103
    • (1996) Achieving Price Stability , pp. 93-103
    • Dornbusch, R.1
  • 85
    • 0742291336 scopus 로고
    • The Bank of England and the rules of the game under the international Gold Standard: new evidence
    • Bordo M.D., and Schwartz A.J. (Eds), University of Chicago Press, Chicago, IL
    • Dutton J. The Bank of England and the rules of the game under the international Gold Standard: new evidence. In: Bordo M.D., and Schwartz A.J. (Eds). A Retrospective on the Classical Gold Standard (1984), University of Chicago Press, Chicago, IL 173-202
    • (1984) A Retrospective on the Classical Gold Standard , pp. 173-202
    • Dutton, J.1
  • 86
    • 77956762485 scopus 로고
    • Comment on 'Central bank behavior and the strategy of monetary policy: observations from six industrialized countries
    • Blanchard O.J., and Fischer S. (Eds), MIT Press, Chicago, IL
    • Eichenbaum M. Comment on 'Central bank behavior and the strategy of monetary policy: observations from six industrialized countries. In: Blanchard O.J., and Fischer S. (Eds). NBER Macroeconomics Annual 1992 (1992), MIT Press, Chicago, IL 228-234
    • (1992) NBER Macroeconomics Annual 1992 , pp. 228-234
    • Eichenbaum, M.1
  • 88
    • 0039747183 scopus 로고
    • Conducting the international orchestra: Bank of England leadership under the Classical Gold Standard
    • Eichengreen B. Conducting the international orchestra: Bank of England leadership under the Classical Gold Standard. Journal of International Money and Finance 6 (1987) 5-29
    • (1987) Journal of International Money and Finance , vol.6 , pp. 5-29
    • Eichengreen, B.1
  • 89
    • 0011519864 scopus 로고
    • The political economy of the Smoot-Hawley Tariff
    • Ransom R.L., Lindert P.H., and Sutch R. (Eds), JAI Press, London
    • Eichengreen B. The political economy of the Smoot-Hawley Tariff. In: Ransom R.L., Lindert P.H., and Sutch R. (Eds). Research in Economic History vol. 12 (1989), JAI Press, London 1-43
    • (1989) Research in Economic History , vol.12 , pp. 1-43
    • Eichengreen, B.1
  • 90
    • 0003465478 scopus 로고
    • Cambridge University Press, Greenwich, CT
    • Eichengreen B. Elusive Stability (1990), Cambridge University Press, Greenwich, CT
    • (1990) Elusive Stability
    • Eichengreen, B.1
  • 91
    • 77956758084 scopus 로고
    • Editor's introduction
    • Eichengreen B. (Ed), Edward Elgar, New York
    • Eichengreen B. Editor's introduction. In: Eichengreen B. (Ed). Monetary Regime Transformations (1991), Edward Elgar, New York
    • (1991) Monetary Regime Transformations
    • Eichengreen, B.1
  • 92
    • 0039942553 scopus 로고
    • Comparative performance of fixed and flexible exchange rate regimes: interwar evidence
    • Thygesen N., Velupillai K., and Zambelli S. (Eds), Macmillan, Cheltenham
    • Eichengreen B. Comparative performance of fixed and flexible exchange rate regimes: interwar evidence. In: Thygesen N., Velupillai K., and Zambelli S. (Eds). Business Cycles: Theories, Evidence and Analysis (1991), Macmillan, Cheltenham 229-272
    • (1991) Business Cycles: Theories, Evidence and Analysis , pp. 229-272
    • Eichengreen, B.1
  • 94
    • 0041022031 scopus 로고
    • History of the international monetary system: implications for research in international macroeconomics and finance
    • van der Ploeg F. (Ed), Blackwell, New York
    • Eichengreen B. History of the international monetary system: implications for research in international macroeconomics and finance. In: van der Ploeg F. (Ed). Handbook of International Macroeconomics (1993), Blackwell, New York
    • (1993) Handbook of International Macroeconomics
    • Eichengreen, B.1
  • 95
    • 0039129457 scopus 로고
    • Three perspectives on the Bretton Woods System
    • Bordo M.D., and Eichengreen B. (Eds), University of Chicago Press/NBER, Oxford
    • Eichengreen B. Three perspectives on the Bretton Woods System. In: Bordo M.D., and Eichengreen B. (Eds). A Retrospective on the Bretton Woods System (1993), University of Chicago Press/NBER, Oxford
    • (1993) A Retrospective on the Bretton Woods System
    • Eichengreen, B.1
  • 96
    • 77956750727 scopus 로고
    • Institutions and economic growth: Europe after World War II
    • Crafts N.F.R., and Toniolo G. (Eds), Cambridge University Press, Chicago/New York
    • Eichengreen B. Institutions and economic growth: Europe after World War II. In: Crafts N.F.R., and Toniolo G. (Eds). Comparative Economic Growth of Postwar Europe (1995), Cambridge University Press, Chicago/New York
    • (1995) Comparative Economic Growth of Postwar Europe
    • Eichengreen, B.1
  • 98
    • 0041004786 scopus 로고
    • Before the U.S. Accord: U.S. monetary-financial policy, 1945-51
    • Hubbard R.G. (Ed), University of Chicago Press, Princeton, NJ
    • Eichengreen B., and Garber P.M. Before the U.S. Accord: U.S. monetary-financial policy, 1945-51. In: Hubbard R.G. (Ed). Financial Markets and Financial Crises (1991), University of Chicago Press, Princeton, NJ 175-205
    • (1991) Financial Markets and Financial Crises , pp. 175-205
    • Eichengreen, B.1    Garber, P.M.2
  • 99
    • 84980248480 scopus 로고
    • The supply of gold under the pre-1914 Gold Standard
    • Eichengreen B., and McLean I. The supply of gold under the pre-1914 Gold Standard. Economic History Review 48 (1994) 288-309
    • (1994) Economic History Review , vol.48 , pp. 288-309
    • Eichengreen, B.1    McLean, I.2
  • 100
    • 0001056644 scopus 로고
    • Two cases for sand in the wheels of international finance
    • (January)
    • (January). Eichengreen B., Tobin J., and Wyplosz C. Two cases for sand in the wheels of international finance. Economic Journal 105 (1995) 162-172
    • (1995) Economic Journal , vol.105 , pp. 162-172
    • Eichengreen, B.1    Tobin, J.2    Wyplosz, C.3
  • 101
    • 0011684116 scopus 로고
    • Inflation persistence and Fisher effects: evidence of a regime change
    • (August)
    • (August). Emery K.M. Inflation persistence and Fisher effects: evidence of a regime change. Journal of Economics and Business 46 (1994) 141-152
    • (1994) Journal of Economics and Business , vol.46 , pp. 141-152
    • Emery, K.M.1
  • 102
    • 38249001902 scopus 로고
    • Were price changes during the great depression anticipated?: evidence from nominal interest rates
    • (August)
    • (August). Evans M., and Wachtel P. Were price changes during the great depression anticipated?: evidence from nominal interest rates. Journal of Monetary Economics 32 (1993) 3-34
    • (1993) Journal of Monetary Economics , vol.32 , pp. 3-34
    • Evans, M.1    Wachtel, P.2
  • 103
    • 0043022681 scopus 로고
    • When do long-run identifying restrictions give reliable results?
    • Federal Reserve Bank of Atlanta, Chicago, IL
    • Faust J., and Leeper E.M. When do long-run identifying restrictions give reliable results?. Working Paper 94-2 (1994), Federal Reserve Bank of Atlanta, Chicago, IL
    • (1994) Working Paper 94-2
    • Faust, J.1    Leeper, E.M.2
  • 105
    • 77955135357 scopus 로고    scopus 로고
    • Overview
    • Federal Reserve Bank of Kansas City, Washington, DC
    • Feldstein M. Overview. Achieving Price Stability (1996), Federal Reserve Bank of Kansas City, Washington, DC 319-329
    • (1996) Achieving Price Stability , pp. 319-329
    • Feldstein, M.1
  • 106
    • 0000950805 scopus 로고    scopus 로고
    • The costs and benefits of going from low inflation to price stability
    • Romer C., and Romer D. (Eds), University of Chicago Press, Chicago, IL
    • Feldstein M. The costs and benefits of going from low inflation to price stability. In: Romer C., and Romer D. (Eds). Reducing Inflation (1997), University of Chicago Press, Chicago, IL
    • (1997) Reducing Inflation
    • Feldstein, M.1
  • 107
    • 0000327579 scopus 로고
    • Long-term contracts, rational expectations, and the optimal money supply rule
    • (February)
    • (February). Fischer S. Long-term contracts, rational expectations, and the optimal money supply rule. Journal of Political Economy 85 (1977) 191-205
    • (1977) Journal of Political Economy , vol.85 , pp. 191-205
    • Fischer, S.1
  • 108
    • 0000846761 scopus 로고
    • Modern central banking
    • Capie F., Goodhart C., Fischer S., and Schnadt N. (Eds), Cambridge University Press, Chicago, IL
    • Fischer S. Modern central banking. In: Capie F., Goodhart C., Fischer S., and Schnadt N. (Eds). The Future of Central Banking (1994), Cambridge University Press, Chicago, IL 262-308
    • (1994) The Future of Central Banking , pp. 262-308
    • Fischer, S.1
  • 109
    • 0011448807 scopus 로고
    • The adjustment of expectations to a change in regime: comment
    • (September)
    • (September). Fishe R.P.H., and Wohar M.E. The adjustment of expectations to a change in regime: comment. American Economic Review 80 (1990) 968-976
    • (1990) American Economic Review , vol.80 , pp. 968-976
    • Fishe, R.P.H.1    Wohar, M.E.2
  • 112
    • 84881694333 scopus 로고
    • Lessons from the past: capital markets during the 19th Century and the interwar period
    • Fishlow A. Lessons from the past: capital markets during the 19th Century and the interwar period. International Organization 39 (1985) 383-439
    • (1985) International Organization , vol.39 , pp. 383-439
    • Fishlow, A.1
  • 113
    • 0030422887 scopus 로고    scopus 로고
    • The French Crime of 1873: an essay on the Emergence of the international Gold Standard, 1870-1880
    • December
    • December. Flandreau M. The French Crime of 1873: an essay on the Emergence of the international Gold Standard, 1870-1880. Journal of Economic History 51 4 (1996) 862-897
    • (1996) Journal of Economic History , vol.51 , Issue.4 , pp. 862-897
    • Flandreau, M.1
  • 114
    • 77956765582 scopus 로고
    • Simple rules, discretion and monetary policy
    • NBER, New York
    • Flood R.P., and Isard P. Simple rules, discretion and monetary policy. Working Paper No. 2934 (1989), NBER, New York
    • (1989) Working Paper No. 2934
    • Flood, R.P.1    Isard, P.2
  • 115
    • 0011666197 scopus 로고
    • Issues concerning nominal anchors for monetary policy
    • Balino T.J.T., and Cottarelli C. (Eds), International Monetary Fund, Washington, DC
    • Flood R.P., and Mussa M. Issues concerning nominal anchors for monetary policy. In: Balino T.J.T., and Cottarelli C. (Eds). Framework for Monetary Stability: Policy Issues and Country Experiences (1994), International Monetary Fund, Washington, DC
    • (1994) Framework for Monetary Stability: Policy Issues and Country Experiences
    • Flood, R.P.1    Mussa, M.2
  • 117
    • 0003336265 scopus 로고
    • Asset markets, exchange rates, and the balance of payments
    • Chapter 14. Jones R.W., and Kenen P.B. (Eds), North-Holland, Oxford
    • Chapter 14. Frenkel J.A., and Mussa M.L. Asset markets, exchange rates, and the balance of payments. In: Jones R.W., and Kenen P.B. (Eds). Handbook of International Economics vol. 2 (1985), North-Holland, Oxford
    • (1985) Handbook of International Economics , vol.2
    • Frenkel, J.A.1    Mussa, M.L.2
  • 118
    • 0002849453 scopus 로고
    • The case for flexible exchange rates
    • University of Chicago Press, Amsterdam
    • Friedman M. The case for flexible exchange rates. Essays in Positive Economics (1953), University of Chicago Press, Amsterdam 157-203
    • (1953) Essays in Positive Economics , pp. 157-203
    • Friedman, M.1
  • 119
    • 0002135844 scopus 로고
    • The role of monetary policy
    • (March)
    • (March). Friedman M. The role of monetary policy. American Economic Review 58 (1968) 1-17
    • (1968) American Economic Review , vol.58 , pp. 1-17
    • Friedman, M.1
  • 120
    • 0010691049 scopus 로고
    • Lessons from the 1979-82 monetary policy experiment
    • (May)
    • (May). Friedman M. Lessons from the 1979-82 monetary policy experiment. American Economic Review 74 (1984) 397-400
    • (1984) American Economic Review , vol.74 , pp. 397-400
    • Friedman, M.1
  • 122
  • 125
    • 84940643524 scopus 로고
    • How well does the IS-LM model fit postwar U.S. data?
    • (May)
    • (May). Gali J. How well does the IS-LM model fit postwar U.S. data?. Quarterly Journal of Economics 107 (1992) 709-738
    • (1992) Quarterly Journal of Economics , vol.107 , pp. 709-738
    • Gali, J.1
  • 127
    • 19544387112 scopus 로고
    • The collapse of the Bretton Woods fixed exchange rate system
    • Bordo M.D., and Eichengreen B. (Eds), University of Chicago Press, New York
    • Garber P.M. The collapse of the Bretton Woods fixed exchange rate system. In: Bordo M.D., and Eichengreen B. (Eds). A Retrospective on the Bretton Woods System (1993), University of Chicago Press, New York
    • (1993) A Retrospective on the Bretton Woods System
    • Garber, P.M.1
  • 128
    • 81355144113 scopus 로고
    • Gold monetization and gold discipline
    • (February)
    • (February). Garber P.M., and Flood R.P. Gold monetization and gold discipline. Journal of Political Economy 92 (1984) 90-107
    • (1984) Journal of Political Economy , vol.92 , pp. 90-107
    • Garber, P.M.1    Flood, R.P.2
  • 129
    • 4243081844 scopus 로고
    • The provision of liquidity in the Bretton Woods system
    • Bordo M.D., and Eichengreen B. (Eds), University of Chicago Press, Chicago, IL
    • Genberg H., and Swoboda A. The provision of liquidity in the Bretton Woods system. In: Bordo M.D., and Eichengreen B. (Eds). A Retrospective on the Bretton Woods System (1993), University of Chicago Press, Chicago, IL 269-306
    • (1993) A Retrospective on the Bretton Woods System , pp. 269-306
    • Genberg, H.1    Swoboda, A.2
  • 130
    • 0003288260 scopus 로고    scopus 로고
    • Does the nominal exchange rate regime matter?
    • November, IMF, Chicago, IL
    • November. Ghosh A.R., Gulde A.M., Ostry J.D., and Wolf H. Does the nominal exchange rate regime matter?. Working Paper 121 (1996), IMF, Chicago, IL
    • (1996) Working Paper 121
    • Ghosh, A.R.1    Gulde, A.M.2    Ostry, J.D.3    Wolf, H.4
  • 132
    • 0001441479 scopus 로고
    • The advantage of tying one's hands: EMS discipline and central bank credibility
    • Giavazzi F., and Pagano M. The advantage of tying one's hands: EMS discipline and central bank credibility. European Economic Review 32 (1988) 1055-1082
    • (1988) European Economic Review , vol.32 , pp. 1055-1082
    • Giavazzi, F.1    Pagano, M.2
  • 133
    • 77956760467 scopus 로고
    • A Case Study in Monetary Control: 1980-82
    • (September/October)
    • (September/October). Gilbert R.A. A Case Study in Monetary Control: 1980-82. Federal Reserve Bank of St. Louis Review (1994) 35-55
    • (1994) Federal Reserve Bank of St. Louis Review , pp. 35-55
    • Gilbert, R.A.1
  • 134
    • 38249038969 scopus 로고
    • Rules of the Game' during the International Gold Standard: England and Germany
    • Giovannini A. Rules of the Game' during the International Gold Standard: England and Germany. Journal of International Money and Finance 5 (1986) 467-483
    • (1986) Journal of International Money and Finance , vol.5 , pp. 467-483
    • Giovannini, A.1
  • 135
    • 0003335579 scopus 로고
    • Bretton Woods and its precursors: rules versus discretion in the history of international monetary regimes
    • Bordo M.D., and Eichengreen B. (Eds), University of Chicago Press, Cambridge, MA
    • Giovannini A. Bretton Woods and its precursors: rules versus discretion in the history of international monetary regimes. In: Bordo M.D., and Eichengreen B. (Eds). A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform (1993), University of Chicago Press, Cambridge, MA
    • (1993) A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform
    • Giovannini, A.1
  • 136
    • 21144463257 scopus 로고
    • Optimal seigniorage, the Gold Standard, and central banking financing
    • (February)
    • (February). Goff B.L., and Toma M. Optimal seigniorage, the Gold Standard, and central banking financing. Journal of Money, Credit and Banking 25 (1993) 79-95
    • (1993) Journal of Money, Credit and Banking , vol.25 , pp. 79-95
    • Goff, B.L.1    Toma, M.2
  • 137
    • 48749148857 scopus 로고
    • Discount window borrowing, monetary policy, and the post-October 6, 1979 Federal Reserve operating procedure
    • September
    • September. Goodfriend M. Discount window borrowing, monetary policy, and the post-October 6, 1979 Federal Reserve operating procedure. Journal of Monetary Economics 12 3 (1983) 343-356
    • (1983) Journal of Monetary Economics , vol.12 , Issue.3 , pp. 343-356
    • Goodfriend, M.1
  • 138
    • 38249037973 scopus 로고
    • Interest rate smoothing and price level trend-stationarity
    • (May)
    • (May). Goodfriend M. Interest rate smoothing and price level trend-stationarity. Journal of Monetary Economics 19 (1987) 335-348
    • (1987) Journal of Monetary Economics , vol.19 , pp. 335-348
    • Goodfriend, M.1
  • 141
    • 0002403976 scopus 로고
    • Interest rate policy and the inflation scare problem: 1979-1992
    • (Winter)
    • (Winter). Goodfriend M. Interest rate policy and the inflation scare problem: 1979-1992. Federal Reserve Bank of Richmond Economic Quarterly 79 (1993) 1-24
    • (1993) Federal Reserve Bank of Richmond Economic Quarterly , vol.79 , pp. 1-24
    • Goodfriend, M.1
  • 142
    • 0000444430 scopus 로고
    • The conduct of monetary policy
    • (June)
    • (June). Goodhart C.A.E. The conduct of monetary policy. Economic Journal 99 (1989) 293-346
    • (1989) Economic Journal , vol.99 , pp. 293-346
    • Goodhart, C.A.E.1
  • 143
    • 0001601586 scopus 로고
    • What is new-Keynesian economics?
    • (September)
    • (September). Gordon R.J. What is new-Keynesian economics?. Journal of Economic Literature 28 (1990) 1115-1171
    • (1990) Journal of Economic Literature , vol.28 , pp. 1115-1171
    • Gordon, R.J.1
  • 144
    • 77956731870 scopus 로고
    • Open session: The development of central banking
    • Capie F., Goodhart C., Fischer S., and Schnadt N. (Eds), Cambridge University Press, Chicago, IL
    • Greenspan A. Open session: The development of central banking. In: Capie F., Goodhart C., Fischer S., and Schnadt N. (Eds). The Future of Central Banking: The Tercentenary Symposium of the Bank of England (1994), Cambridge University Press, Chicago, IL 259
    • (1994) The Future of Central Banking: The Tercentenary Symposium of the Bank of England , pp. 259
    • Greenspan, A.1
  • 145
    • 38249017175 scopus 로고
    • Managing exchange rate crises: evidence from the 1890s
    • (September)
    • (September). Grilli V.U. Managing exchange rate crises: evidence from the 1890s. Journal of International Money and Finance 9 (1990) 258-275
    • (1990) Journal of International Money and Finance , vol.9 , pp. 258-275
    • Grilli, V.U.1
  • 146
    • 0001601940 scopus 로고
    • Sovereign debt as a contingent claim: excusable default, repudation, and reputation
    • Grossman H.J., and Van Huyck J.B. Sovereign debt as a contingent claim: excusable default, repudation, and reputation. American Economic Review 78 (1988) 1088-1097
    • (1988) American Economic Review , vol.78 , pp. 1088-1097
    • Grossman, H.J.1    Van Huyck, J.B.2
  • 148
    • 38249036788 scopus 로고
    • Monetary factors in the Great Depression
    • (March)
    • (March). Hamilton J.D. Monetary factors in the Great Depression. Journal of Monetary Economics 19 (1987) 145-170
    • (1987) Journal of Monetary Economics , vol.19 , pp. 145-170
    • Hamilton, J.D.1
  • 149
    • 0003683829 scopus 로고
    • Was the deflation during the Great Depression anticipated?, Evidence from the commodity futures market
    • (March)
    • (March). Hamilton J.D. Was the deflation during the Great Depression anticipated?, Evidence from the commodity futures market. American Economic Review 82 (1992) 157-178
    • (1992) American Economic Review , vol.82 , pp. 157-178
    • Hamilton, J.D.1
  • 150
    • 0008572921 scopus 로고
    • An exploration in the theory of exchange rate regimes
    • Helpman E. An exploration in the theory of exchange rate regimes. Journal of Political Economy 89 5 (1981) 865-890
    • (1981) Journal of Political Economy , vol.89 , Issue.5 , pp. 865-890
    • Helpman, E.1
  • 151
    • 84938048507 scopus 로고
    • Toward a consistent comparison of alternative exchange-rate regimes
    • Helpman E., and Razin A. Toward a consistent comparison of alternative exchange-rate regimes. Canadian Journal of Economics 12 (1979) 394-409
    • (1979) Canadian Journal of Economics , vol.12 , pp. 394-409
    • Helpman, E.1    Razin, A.2
  • 152
    • 33846202666 scopus 로고
    • The rules versus discretion debate over monetary policy in the 1920s
    • (November/December)
    • (November/December). Hetzel R.L. The rules versus discretion debate over monetary policy in the 1920s. Federal Reserve Bank of Richmond Economic Quarterly 71 (1985) 3-14
    • (1985) Federal Reserve Bank of Richmond Economic Quarterly , vol.71 , pp. 3-14
    • Hetzel, R.L.1
  • 156
    • 0029515760 scopus 로고
    • Monetary policy in England 1893-1914: a structural VAR analysis
    • Jeanne O. Monetary policy in England 1893-1914: a structural VAR analysis. Explorations in Economic History 32 (1995) 302-326
    • (1995) Explorations in Economic History , vol.32 , pp. 302-326
    • Jeanne, O.1
  • 157
    • 0013339111 scopus 로고
    • Swedish experience under the Classical Gold Standard, 1873-1914
    • Bordo M.D., and Schwartz A.J. (Eds), University of Chicago Press, Princeton
    • Jonung L. Swedish experience under the Classical Gold Standard, 1873-1914. In: Bordo M.D., and Schwartz A.J. (Eds). A Retrospective on the Classical Gold Standard, 1821-1931 (1984), University of Chicago Press, Princeton
    • (1984) A Retrospective on the Classical Gold Standard, 1821-1931
    • Jonung, L.1
  • 159
    • 77956770733 scopus 로고
    • International liquidity and the balance of payments of a reserve-currency country
    • (November)
    • (November). Kenen P.B. International liquidity and the balance of payments of a reserve-currency country. Quarterly Journal of Economics (1960) 572-586
    • (1960) Quarterly Journal of Economics , pp. 572-586
    • Kenen, P.B.1
  • 163
    • 0002639338 scopus 로고    scopus 로고
    • How should central banks reduce inflation? - Conceptual issues
    • August, Federal Reserve Bank of Kansas City, Berkeley, CA
    • August. King M. How should central banks reduce inflation? - Conceptual issues. Achieving Price Stability (1996), Federal Reserve Bank of Kansas City, Berkeley, CA 53-91
    • (1996) Achieving Price Stability , pp. 53-91
    • King, M.1
  • 164
    • 84985823741 scopus 로고
    • Our new monetary standard: measurement and effects of price uncertainty, 1880-1973
    • Klein B. Our new monetary standard: measurement and effects of price uncertainty, 1880-1973. Economic Inquiry 13 (1975) 461-484
    • (1975) Economic Inquiry , vol.13 , pp. 461-484
    • Klein, B.1
  • 165
    • 34247480179 scopus 로고
    • Testing the null hypothesis of stationarity against the alternative of a unit root: how sure are we that economic time series have a unit root?
    • (October/December)
    • (October/December). Kwiatkowski D., Phillips P.C.B., Schmidt P., and Shin Y. Testing the null hypothesis of stationarity against the alternative of a unit root: how sure are we that economic time series have a unit root?. Journal of Econometrics 54 (1992) 159-178
    • (1992) Journal of Econometrics , vol.54 , pp. 159-178
    • Kwiatkowski, D.1    Phillips, P.C.B.2    Schmidt, P.3    Shin, Y.4
  • 166
    • 0000643498 scopus 로고
    • Rules rather than discretion: the inconsistency of optimal plans
    • Kydland F.E., and Prescott E.C. Rules rather than discretion: the inconsistency of optimal plans. Journal of Political Economy 85 (1977) 473-491
    • (1977) Journal of Political Economy , vol.85 , pp. 473-491
    • Kydland, F.E.1    Prescott, E.C.2
  • 167
    • 0010188787 scopus 로고
    • Government spending, monetary policies and exchange rate regime switches: the Drachma in the Gold Standard period
    • January
    • January. Lazaretou S. Government spending, monetary policies and exchange rate regime switches: the Drachma in the Gold Standard period. Explorations in Economic History 32 1 (1995) 28-50
    • (1995) Explorations in Economic History , vol.32 , Issue.1 , pp. 28-50
    • Lazaretou, S.1
  • 169
    • 0041174555 scopus 로고
    • Economic performance under price stability
    • April, Board of Governors Federal Reserve System, Division of Research and Statistics
    • April. Lebow D.E., Roberts J.O., and Stockton D.J. Economic performance under price stability. Working Paper No. 125 (1992), Board of Governors Federal Reserve System, Division of Research and Statistics
    • (1992) Working Paper No. 125
    • Lebow, D.E.1    Roberts, J.O.2    Stockton, D.J.3
  • 170
    • 77956748013 scopus 로고
    • Constitutional constraints on the monetary power of government
    • McKenzie R.B. (Ed), Lexington Books, Lexington, MA
    • Leijonhufvud A. Constitutional constraints on the monetary power of government. In: McKenzie R.B. (Ed). Constitutional Economics (1984), Lexington Books, Lexington, MA 95-107
    • (1984) Constitutional Economics , pp. 95-107
    • Leijonhufvud, A.1
  • 173
    • 0000318562 scopus 로고
    • The dynamic effects of aggregate demand and supply disturbances: comment
    • (June)
    • (June). Lippi M., and Reichlin L. The dynamic effects of aggregate demand and supply disturbances: comment. American Economic Review 83 (1993) 644-653
    • (1993) American Economic Review , vol.83 , pp. 644-653
    • Lippi, M.1    Reichlin, L.2
  • 174
    • 0002226230 scopus 로고
    • Optimal fiscal and monetary policy in an economy without capital
    • Lucas Jr. R.E., and Stokey N.L. Optimal fiscal and monetary policy in an economy without capital. Journal of Monetary Economics 12 (1983) 55-93
    • (1983) Journal of Monetary Economics , vol.12 , pp. 55-93
    • Lucas Jr., R.E.1    Stokey, N.L.2
  • 176
    • 45949118447 scopus 로고
    • The optimal collection of seigniorage: theory and evidence
    • Mankiw N.G. The optimal collection of seigniorage: theory and evidence. Journal of Monetary Economics 20 (1987) 327-342
    • (1987) Journal of Monetary Economics , vol.20 , pp. 327-342
    • Mankiw, N.G.1
  • 177
    • 0000339531 scopus 로고
    • The changing behavior of the term structure of interest rates
    • (May)
    • (May). Mankiw N.G., and Miron J.A. The changing behavior of the term structure of interest rates. Quarterly Journal of Economics 101 (1986) 211-228
    • (1986) Quarterly Journal of Economics , vol.101 , pp. 211-228
    • Mankiw, N.G.1    Miron, J.A.2
  • 178
    • 0000259286 scopus 로고
    • The adjustment of expectations to a change in regime: a study of the founding of the Federal Reserve
    • (June)
    • (June). Mankiw N.G., Miron J.A., and Weil D.N. The adjustment of expectations to a change in regime: a study of the founding of the Federal Reserve. American Economic Review 77 (1987) 358-374
    • (1987) American Economic Review , vol.77 , pp. 358-374
    • Mankiw, N.G.1    Miron, J.A.2    Weil, D.N.3
  • 180
    • 0011632052 scopus 로고
    • Interest differentials under Bretton Woods and the post Bretton Woods float: the effects of capital controls and exchange risk
    • Bordo M.D., and Eichengreen B. (Eds), University of Chicago Press, London
    • Marston R.C. Interest differentials under Bretton Woods and the post Bretton Woods float: the effects of capital controls and exchange risk. In: Bordo M.D., and Eichengreen B. (Eds). A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform (1993), University of Chicago Press, London 515-540
    • (1993) A Retrospective on the Bretton Woods System: Lessons for International Monetary Reform , pp. 515-540
    • Marston, R.C.1
  • 181
    • 0040446469 scopus 로고
    • Could a monetary base rule have prevented the Great Depression?
    • McCallum B.T. Could a monetary base rule have prevented the Great Depression?. Journal of Monetary Economics 26 1 (1990) 3-26
    • (1990) Journal of Monetary Economics , vol.26 , Issue.1 , pp. 3-26
    • McCallum, B.T.1
  • 183
    • 84892122056 scopus 로고    scopus 로고
    • Commentary: how should central banks reduce inflation? - Conceptual issues
    • Federal Reserve Bank of Kansas City, Chicago, IL
    • McCallum B.T. Commentary: how should central banks reduce inflation? - Conceptual issues. Achieving Price Stability (1996), Federal Reserve Bank of Kansas City, Chicago, IL 105-114
    • (1996) Achieving Price Stability , pp. 105-114
    • McCallum, B.T.1
  • 184
    • 0041090165 scopus 로고    scopus 로고
    • Issues in the design of monetary policy rules
    • April, NBER
    • April. McCallum B.T. Issues in the design of monetary policy rules. Working Paper No. 6016 (1997), NBER
    • (1997) Working Paper No. 6016
    • McCallum, B.T.1
  • 185
    • 84934181995 scopus 로고
    • An international Gold Standard without gold
    • (Fall)
    • (Fall). McKinnon R.I. An international Gold Standard without gold. Cato Journal 8 (1988) 351-373
    • (1988) Cato Journal , vol.8 , pp. 351-373
    • McKinnon, R.I.1
  • 186
    • 0002215346 scopus 로고
    • International money in historical perspective
    • March
    • March. McKinnon R.I. International money in historical perspective. Journal of Economic Literature 31 1 (1993) 1-44
    • (1993) Journal of Economic Literature , vol.31 , Issue.1 , pp. 1-44
    • McKinnon, R.I.1
  • 188
    • 49549131607 scopus 로고
    • Monetary and other explanations of the start of the Great Depression
    • Meltzer A.H. Monetary and other explanations of the start of the Great Depression. Journal of Monetary Economics 2 (1977) 455-471
    • (1977) Journal of Monetary Economics , vol.2 , pp. 455-471
    • Meltzer, A.H.1
  • 189
    • 0003262684 scopus 로고
    • Some evidence on the comparative uncertainty experienced under different monetary regimes
    • Campbell C.D., and Dougan W.R. (Eds), Johns Hopkins University Press, Chicago, IL
    • Meltzer A.H. Some evidence on the comparative uncertainty experienced under different monetary regimes. In: Campbell C.D., and Dougan W.R. (Eds). Alternative Monetary Regimes (1986), Johns Hopkins University Press, Chicago, IL 122-153
    • (1986) Alternative Monetary Regimes , pp. 122-153
    • Meltzer, A.H.1
  • 190
    • 84930560925 scopus 로고
    • Some empirical findings on differences between EMS and non-EMS regimes: implications for currency blocs
    • Meltzer A.H. Some empirical findings on differences between EMS and non-EMS regimes: implications for currency blocs. Cato Journal 10 2 (1990) 455-483
    • (1990) Cato Journal , vol.10 , Issue.2 , pp. 455-483
    • Meltzer, A.H.1
  • 191
    • 77956758867 scopus 로고
    • The development of central banking, theory and practice
    • mimeograph. Chapter 2, Carnegie-Mellon University, Baltimore, MD
    • mimeograph. Meltzer A.H. The development of central banking, theory and practice. Chapter 2. A History of the Federal Reserve (1995), Carnegie-Mellon University, Baltimore, MD
    • (1995) A History of the Federal Reserve
    • Meltzer, A.H.1
  • 192
    • 84866568272 scopus 로고
    • Why did monetary policy fail in the Thirties?
    • mimeograph. Chapter 5, Carnegie-Mellon University
    • mimeograph. Meltzer A.H. Why did monetary policy fail in the Thirties?. Chapter 5. A History of the Federal Reserve (1995), Carnegie-Mellon University
    • (1995) A History of the Federal Reserve
    • Meltzer, A.H.1
  • 193
    • 77956783330 scopus 로고    scopus 로고
    • In the beginning
    • mimeograph. Chapter 3, Carnegie-Mellon University
    • mimeograph. Meltzer A.H. In the beginning. Chapter 3. A History of the Federal Reserve (1996), Carnegie-Mellon University
    • (1996) A History of the Federal Reserve
    • Meltzer, A.H.1
  • 196
    • 0011412167 scopus 로고
    • Financial panics, the seasonality of the nominal interest rate, and the founding of the Fed
    • (March)
    • (March). Miron J.A. Financial panics, the seasonality of the nominal interest rate, and the founding of the Fed. American Economic Review 76 (1986) 125-140
    • (1986) American Economic Review , vol.76 , pp. 125-140
    • Miron, J.A.1
  • 198
    • 0001464773 scopus 로고
    • The household balance sheet and the Great Depression
    • (December)
    • (December). Mishkin F.S. The household balance sheet and the Great Depression. Journal of Economic History 38 (1978) 918-937
    • (1978) Journal of Economic History , vol.38 , pp. 918-937
    • Mishkin, F.S.1
  • 199
    • 0000403447 scopus 로고
    • Is the Fisher effect for real?
    • Mishkin F.S. Is the Fisher effect for real?. Journal of Monetary Economics 30 2 (1992) 195-215
    • (1992) Journal of Monetary Economics , vol.30 , Issue.2 , pp. 195-215
    • Mishkin, F.S.1
  • 201
    • 0028584072 scopus 로고
    • Improving the International Monetary System: constraints and possibilities
    • December, International Monetary Fund, New York
    • December. Mussa M., Goldstein M., Clark P.B., Matthieson D., and Bayoumi T. Improving the International Monetary System: constraints and possibilities. Occasional Paper 116 (1994), International Monetary Fund, New York
    • (1994) Occasional Paper 116
    • Mussa, M.1    Goldstein, M.2    Clark, P.B.3    Matthieson, D.4    Bayoumi, T.5
  • 202
    • 49049143455 scopus 로고
    • Trends and random walks in macroeconomic time series: some evidence and implications
    • (September)
    • (September). Nelson C.R., and Plosser C.I. Trends and random walks in macroeconomic time series: some evidence and implications. Journal of Monetary Economics 10 (1982) 139-162
    • (1982) Journal of Monetary Economics , vol.10 , pp. 139-162
    • Nelson, C.R.1    Plosser, C.I.2
  • 203
    • 0842320747 scopus 로고
    • Was the deflation of 1929-1930 anticipated? The monetary regime as viewed by the business press
    • Ransom R.L., and Sutch R. (Eds), JAI Press, Washington, DC
    • Nelson D.B. Was the deflation of 1929-1930 anticipated? The monetary regime as viewed by the business press. In: Ransom R.L., and Sutch R. (Eds). Research in Economic History vol. 13 (1991), JAI Press, Washington, DC 1-65
    • (1991) Research in Economic History , vol.13 , pp. 1-65
    • Nelson, D.B.1
  • 205
    • 0000248761 scopus 로고
    • A behavioral explanation for nominal wage rigidity during the Great Depression
    • (November)
    • (November). O'Brien A.P. A behavioral explanation for nominal wage rigidity during the Great Depression. Quarterly Journal of Economics 104 (1989) 719-735
    • (1989) Quarterly Journal of Economics , vol.104 , pp. 719-735
    • O'Brien, A.P.1
  • 206
    • 0006156435 scopus 로고
    • Destabilizing effects of exchange rate escape clauses
    • NBER, Geneva
    • Obstfeld M. Destabilizing effects of exchange rate escape clauses. Working Paper No. 3603 (1991), NBER, Geneva
    • (1991) Working Paper No. 3603
    • Obstfeld, M.1
  • 207
    • 77956775423 scopus 로고
    • The adjustment process
    • Bordo M.D., and Eichengreen B. (Eds), University of Chicago Press, Chicago, IL
    • Obstfeld M. The adjustment process. In: Bordo M.D., and Eichengreen B. (Eds). A Retrospective on the Bretton Woods System (1993), University of Chicago Press, Chicago, IL
    • (1993) A Retrospective on the Bretton Woods System
    • Obstfeld, M.1
  • 208
    • 0001522921 scopus 로고    scopus 로고
    • The Great Depression as a watershed: international capital mobility over the long run
    • Bordo M.D., Goldin C., and White E.N. (Eds), University of Chicago Press, Chicago, IL
    • Obstfeld M., and Taylor A. The Great Depression as a watershed: international capital mobility over the long run. In: Bordo M.D., Goldin C., and White E.N. (Eds). The Defining Moment: The Great Depression and the American Economy in the Twentieth Century (1998), University of Chicago Press, Chicago, IL
    • (1998) The Defining Moment: The Great Depression and the American Economy in the Twentieth Century
    • Obstfeld, M.1    Taylor, A.2
  • 209
    • 84878309758 scopus 로고
    • The efficiency of the Dollar-Sterling Gold Standard, 1890-1908
    • (October)
    • (October). Officer L. The efficiency of the Dollar-Sterling Gold Standard, 1890-1908. Journal of Political Economy 94 (1986) 1038-1073
    • (1986) Journal of Political Economy , vol.94 , pp. 1038-1073
    • Officer, L.1
  • 211
    • 0030078437 scopus 로고    scopus 로고
    • Was the worldwide shift to gold inevitable? An analysis of the end of Bimetallism
    • Oppers S. Was the worldwide shift to gold inevitable? An analysis of the end of Bimetallism. Journal of Monetary Economics 37 (1996) 143-162
    • (1996) Journal of Monetary Economics , vol.37 , pp. 143-162
    • Oppers, S.1
  • 212
    • 0008983047 scopus 로고    scopus 로고
    • The opportunistic approach to disinflation
    • mimeograph, Federal Reserve Board, New York
    • mimeograph. Orphanides A., and Wilcox D.W. The opportunistic approach to disinflation. Discussion Paper 96-24 (1996), Federal Reserve Board, New York
    • (1996) Discussion Paper 96-24
    • Orphanides, A.1    Wilcox, D.W.2
  • 213
    • 0000257407 scopus 로고
    • Money-wage dynamics and labor market equilibrium
    • (July-August)
    • (July-August). Phelps E.S. Money-wage dynamics and labor market equilibrium. Journal of Political Economy 76 (1968) 678-711
    • (1968) Journal of Political Economy , vol.76 , pp. 678-711
    • Phelps, E.S.1
  • 214
    • 1142270683 scopus 로고
    • Did financial innovation hurt the Great Monetarist Experiment?
    • (May)
    • (May). Pierce J.L. Did financial innovation hurt the Great Monetarist Experiment?. American Economic Review 74 (1984) 392-396
    • (1984) American Economic Review , vol.74 , pp. 392-396
    • Pierce, J.L.1
  • 215
    • 35349030480 scopus 로고
    • Bank of England operations, 1893-1913
    • Bordo M.D., and Schwartz A.J. (Eds), University of Chicago Press, Chicago, IL
    • Pippenger J. Bank of England operations, 1893-1913. In: Bordo M.D., and Schwartz A.J. (Eds). A Retrospective on the Classical Gold Standard, 1821-1931 (1984), University of Chicago Press, Chicago, IL
    • (1984) A Retrospective on the Classical Gold Standard, 1821-1931
    • Pippenger, J.1
  • 219
    • 0042468002 scopus 로고
    • Poincaré's stabilization: stopping a run on government debt
    • April
    • April. Prati A. Poincaré's stabilization: stopping a run on government debt. Journal of Monetary Economics 27 2 (1991) 213-240
    • (1991) Journal of Monetary Economics , vol.27 , Issue.2 , pp. 213-240
    • Prati, A.1
  • 220
    • 77956765581 scopus 로고    scopus 로고
    • Profile
    • Federal Reserve Bank of Minneapolis, London
    • Prescott E.C. Profile. The Region (1996), Federal Reserve Bank of Minneapolis, London
    • (1996) The Region
    • Prescott, E.C.1
  • 221
    • 84971737373 scopus 로고
    • The evolution of the Gold Standard in England
    • (December)
    • (December). Redish A. The evolution of the Gold Standard in England. Journal of Economic History (1990) 789-806
    • (1990) Journal of Economic History , pp. 789-806
    • Redish, A.1
  • 222
    • 0012830151 scopus 로고
    • Anchors aweigh: the transition from commodity money to fiat money in Western economies
    • November
    • November. Redish A. Anchors aweigh: the transition from commodity money to fiat money in Western economies. Canadian Journal of Economics 26 4 (1993) 777-795
    • (1993) Canadian Journal of Economics , vol.26 , Issue.4 , pp. 777-795
    • Redish, A.1
  • 223
    • 84980213410 scopus 로고
    • The Sterling overvaluation in 1925: a multilateral approach
    • Redmond J. The Sterling overvaluation in 1925: a multilateral approach. Economic History Review 2nd ser. 37 (1984) 520-532
    • (1984) Economic History Review 2nd ser. , vol.37 , pp. 520-532
    • Redmond, J.1
  • 224
    • 77956781588 scopus 로고
    • Measuring real and nominal macroeconomic shocks and their international transmission under different monetary systems
    • London Business School, Center for Economic Forecasting
    • Robinson D., and Wickens M.R. Measuring real and nominal macroeconomic shocks and their international transmission under different monetary systems. Discussion Paper (1992), London Business School, Center for Economic Forecasting
    • (1992) Discussion Paper
    • Robinson, D.1    Wickens, M.R.2
  • 225
    • 0006436967 scopus 로고
    • Some evidence on the real price of gold, its cost of production, and commodity prices
    • Bordo M.D., and Schwartz A.J. (Eds), University of Chicago Press, Chicago, IL
    • Rockoff H. Some evidence on the real price of gold, its cost of production, and commodity prices. In: Bordo M.D., and Schwartz A.J. (Eds). A Retrospective on the Classical Gold Standard, 1821-1931 (1984), University of Chicago Press, Chicago, IL
    • (1984) A Retrospective on the Classical Gold Standard, 1821-1931
    • Rockoff, H.1
  • 226
    • 0037604280 scopus 로고
    • Walter Bagehot and the theory of central banking
    • Capie F., and Wood G.E. (Eds), Macmillan, Chicago, IL
    • Rockoff H. Walter Bagehot and the theory of central banking. In: Capie F., and Wood G.E. (Eds). Financial Crises and the World Banking System (1986), Macmillan, Chicago, IL 160-180
    • (1986) Financial Crises and the World Banking System , pp. 160-180
    • Rockoff, H.1
  • 227
    • 85016249703 scopus 로고
    • The prewar business cycle reconsidered: new estimates of gross national product, 1869-1908
    • February
    • February. Romer C.D. The prewar business cycle reconsidered: new estimates of gross national product, 1869-1908. Journal of Political Economy 97 1 (1989) 1-37
    • (1989) Journal of Political Economy , vol.97 , Issue.1 , pp. 1-37
    • Romer, C.D.1
  • 228
    • 84974126974 scopus 로고
    • What ended the Great Depression?
    • (December)
    • (December). Romer C.D. What ended the Great Depression?. Journal of Economic History 52 (1992) 757-784
    • (1992) Journal of Economic History , vol.52 , pp. 757-784
    • Romer, C.D.1
  • 230
    • 58149362804 scopus 로고
    • Federal Reserve interest rate targeting, rational expectations, and the term structure
    • (April)
    • (April). Rudebusch G.D. Federal Reserve interest rate targeting, rational expectations, and the term structure. Journal of Monetary Economics (1995) 245-274
    • (1995) Journal of Monetary Economics , pp. 245-274
    • Rudebusch, G.D.1
  • 232
    • 0002246425 scopus 로고
    • Stopping moderate inflations: the methods of Poincaré and Thatcher
    • Dornbusch R., and Simonsen M.H. (Eds), MIT Press, Paris
    • Sargent T. Stopping moderate inflations: the methods of Poincaré and Thatcher. In: Dornbusch R., and Simonsen M.H. (Eds). Inflation, Debt and Indexation (1984), MIT Press, Paris
    • (1984) Inflation, Debt and Indexation
    • Sargent, T.1
  • 239
    • 0003334402 scopus 로고
    • Real and pseudo-financial crises
    • Capie F., and Wood G.E. (Eds), Macmillan, Chicago, IL
    • Schwartz A.J. Real and pseudo-financial crises. In: Capie F., and Wood G.E. (Eds). Financial Crises and the World Banking System (1986), Macmillan, Chicago, IL 10-31
    • (1986) Financial Crises and the World Banking System , pp. 10-31
    • Schwartz, A.J.1
  • 240
    • 40749095669 scopus 로고
    • Alternative monetary regimes: the Gold Standard
    • Campbell C.D., and Dougan W.R. (Eds), Johns Hopkins University Press, London
    • Schwartz A.J. Alternative monetary regimes: the Gold Standard. In: Campbell C.D., and Dougan W.R. (Eds). Alternative Monetary Regimes (1986), Johns Hopkins University Press, London 44-72
    • (1986) Alternative Monetary Regimes , pp. 44-72
    • Schwartz, A.J.1
  • 241
    • 0010809964 scopus 로고
    • Financial stability and the federal safety net
    • Haraf W.S., and Kushmeider R.M. (Eds), American Enterprise Institute, Baltimore, MD
    • Schwartz A.J. Financial stability and the federal safety net. In: Haraf W.S., and Kushmeider R.M. (Eds). Restructuring Banking Financial Services in America (1988), American Enterprise Institute, Baltimore, MD 34-62
    • (1988) Restructuring Banking Financial Services in America , pp. 34-62
    • Schwartz, A.J.1
  • 242
    • 0039892581 scopus 로고
    • Can the Fed control real interest rates?
    • Fischer S. (Ed), University of Chicago Press, Washington, DC
    • Shiller R.J. Can the Fed control real interest rates?. In: Fischer S. (Ed). Rational Expectations and Economic Policy (1980), University of Chicago Press, Washington, DC 117-156
    • (1980) Rational Expectations and Economic Policy , pp. 117-156
    • Shiller, R.J.1
  • 243
    • 0039892581 scopus 로고
    • Can the Fed control real interest rates?
    • Fischer S. (Ed), University of Chicago Press, Chicago, IL
    • Shiller R.J. Can the Fed control real interest rates?. In: Fischer S. (Ed). Rational Expectations and Economic Policy (1980), University of Chicago Press, Chicago, IL 165-167
    • (1980) Rational Expectations and Economic Policy , pp. 165-167
    • Shiller, R.J.1
  • 246
    • 38149145682 scopus 로고
    • Why exchange rate bands?: Monetary independence in spite of fixed exchange rates
    • Svensson L.E.O. Why exchange rate bands?: Monetary independence in spite of fixed exchange rates. Journal of Monetary Economics 33 1 (1994) 157-199
    • (1994) Journal of Monetary Economics , vol.33 , Issue.1 , pp. 157-199
    • Svensson, L.E.O.1
  • 247
    • 0009436945 scopus 로고    scopus 로고
    • Commentary: how should monetary policy respond to shocks while maintaining long-run price stability? - Conceptual issues
    • Federal Reserve Bank of Kansas City, New York
    • Svensson L.E.O. Commentary: how should monetary policy respond to shocks while maintaining long-run price stability? - Conceptual issues. Achieving Price Stability (1996), Federal Reserve Bank of Kansas City, New York 209-219
    • (1996) Achieving Price Stability , pp. 209-219
    • Svensson, L.E.O.1
  • 248
    • 0041357633 scopus 로고    scopus 로고
    • Price level targeting vs inflation targeting: a free lunch?
    • August, NBER
    • August. Svensson L.E.O. Price level targeting vs inflation targeting: a free lunch?. Working Paper No. 5719 (1996), NBER
    • (1996) Working Paper No. 5719
    • Svensson, L.E.O.1
  • 249
    • 0003053945 scopus 로고
    • Aggregative dynamics and staggered contracts
    • February
    • February. Taylor J.B. Aggregative dynamics and staggered contracts. Journal of Political Economy 88 1 (1980) 1-23
    • (1980) Journal of Political Economy , vol.88 , Issue.1 , pp. 1-23
    • Taylor, J.B.1
  • 252
    • 0013502732 scopus 로고
    • Transmission of the Great Depression
    • (Spring)
    • (Spring). Temin P. Transmission of the Great Depression. Journal of Economic Perspectives 7 (1993) 87-102
    • (1993) Journal of Economic Perspectives , vol.7 , pp. 87-102
    • Temin, P.1
  • 253
    • 5544309592 scopus 로고
    • Aggregate demand in the United Kingdom 1918-45
    • Floud R., and McCloskey D.N. (Eds), Cambridge University Press, Cambridge, MA
    • Thomas T.J. Aggregate demand in the United Kingdom 1918-45. In: Floud R., and McCloskey D.N. (Eds). The Economic History of Britain since 1700 vol. 2 (1981), Cambridge University Press, Cambridge, MA
    • (1981) The Economic History of Britain since 1700 , vol.2
    • Thomas, T.J.1
  • 256
    • 0002387166 scopus 로고
    • Seigniorage and tax smoothing in the United States: 1914-1986
    • Trehan B., and Walsh C.E. Seigniorage and tax smoothing in the United States: 1914-1986. Journal of Monetary Economics 25 (1990) 97-112
    • (1990) Journal of Monetary Economics , vol.25 , pp. 97-112
    • Trehan, B.1    Walsh, C.E.2
  • 258
    • 0039267694 scopus 로고    scopus 로고
    • Was London the conductor of the international orchestra or just the triangle player? An empirical analysis of asymmetries in interest rate behaviour during the Classical Gold Standard, 1876-1913
    • (September)
    • (September). Tullio G., and Wolters J. Was London the conductor of the international orchestra or just the triangle player? An empirical analysis of asymmetries in interest rate behaviour during the Classical Gold Standard, 1876-1913. Scottish Journal of Political Economy 43 (1996) 419-443
    • (1996) Scottish Journal of Political Economy , vol.43 , pp. 419-443
    • Tullio, G.1    Wolters, J.2
  • 259
    • 0038482561 scopus 로고
    • Some macroeconomic impacts of the National Industrial Recovery Act, 1933-1935
    • Brunner K. (Ed), Martinus Nijhoff, New Haven, CT
    • Weinstein M.M. Some macroeconomic impacts of the National Industrial Recovery Act, 1933-1935. In: Brunner K. (Ed). The Great Depression Revisited (1981), Martinus Nijhoff, New Haven, CT 262-281
    • (1981) The Great Depression Revisited , pp. 262-281
    • Weinstein, M.M.1
  • 261
    • 84974073976 scopus 로고
    • A reinterpretation of the banking crisis of 1930
    • (March)
    • (March). White E.N. A reinterpretation of the banking crisis of 1930. Journal of Economic History 44 (1984) 119-138
    • (1984) Journal of Economic History , vol.44 , pp. 119-138
    • White, E.N.1
  • 262
    • 33645083106 scopus 로고
    • Federal Reserve monetary policy, 1922-33: a reinterpretation
    • (August)
    • (August). Wicker E. Federal Reserve monetary policy, 1922-33: a reinterpretation. Journal of Political Economy 73 (1965) 325-343
    • (1965) Journal of Political Economy , vol.73 , pp. 325-343
    • Wicker, E.1
  • 263
    • 84974307762 scopus 로고
    • A reconsideration of the causes of the banking panic of 1980
    • (September)
    • (September). Wicker E. A reconsideration of the causes of the banking panic of 1980. Journal of Economic History 40 (1980) 571-583
    • (1980) Journal of Economic History , vol.40 , pp. 571-583
    • Wicker, E.1
  • 264
    • 0009092435 scopus 로고
    • Terminating hyperinflation in the dismembered Habsburg Monarchy
    • (June)
    • (June). Wicker E. Terminating hyperinflation in the dismembered Habsburg Monarchy. American Economic Review 76 (1986) 350-364
    • (1986) American Economic Review , vol.76 , pp. 350-364
    • Wicker, E.1
  • 268
    • 84959594675 scopus 로고
    • Was the Bank Holiday of 1933 caused by a run on the Dollar?
    • September
    • September. Wigmore B.A. Was the Bank Holiday of 1933 caused by a run on the Dollar?. Journal of Economic History 47 3 (1987) 739-756
    • (1987) Journal of Economic History , vol.47 , Issue.3 , pp. 739-756
    • Wigmore, B.A.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.