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A Model of Discretion: The Gold Standard in Fact and in Fiction

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  • M. June Flanders

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  • M. June Flanders, 1993. "A Model of Discretion: The Gold Standard in Fact and in Fiction," The World Economy, Wiley Blackwell, vol. 16(2), pages 213-235, March.
    • Handle: RePEc:bla:worlde:v:16:y:1993:i:2:p:213-235
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    File URL: http://hdl.handle.net/10.1111/j.1467-9701.1993.tb00163.x
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    References listed on IDEAS

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    1. Hayek, F. A., . "Money, Capital, and Fluctuations," University of Chicago Press Economics Books, University of Chicago Press, number 9780226321271 edited by McCloughry, R. K., December.
    2. Henry C. Simons, 1936. "Rules versus Authorities in Monetary Policy," Journal of Political Economy, University of Chicago Press, vol. 44(1), pages 1-1.
    3. Barro, Robert J, 1986. "Recent Developments in the Theory of Rules versus Discretion," Economic Journal, Royal Economic Society, vol. 96(380a), pages 23-37, Supplemen.
    4. Michael D. Bordo & Anna J. Schwartz, 1984. "A Retrospective on the Classical Gold Standard, 1821-1931," NBER Books, National Bureau of Economic Research, Inc, number bord84-1.
    5. International Monetary Fund, 1988. "Monetary Policy Strategies," IMF Working Papers 1988/088, International Monetary Fund.
    6. Robert P. Flood & Peter Isard, 1988. "Monetary Policy Strategies," NBER Working Papers 2770, National Bureau of Economic Research, Inc.
    7. Robert E. Hall, 1982. "Inflation: Causes and Effects," NBER Books, National Bureau of Economic Research, Inc, number hall82-1.
    8. Rudiger Dornbusch & Jacob A. Frenkel, 1984. "The Gold Standard and the Bank of England in the Crisis of 1847," NBER Chapters, in: A Retrospective on the Classical Gold Standard, 1821-1931, pages 233-276, National Bureau of Economic Research, Inc.
    9. David E.W. Laidler, 2016. "The Golden Age of the Quantity Theory," Economics Books, Princeton University Press, edition 1, number 4959.
    10. Blackburn, Keith & Christensen, Michael, 1989. "Monetary Policy and Policy Credibility: Theories and Evidence," Journal of Economic Literature, American Economic Association, vol. 27(1), pages 1-45, March.
    11. Lee, Joong-Koon & Wellington, Donald C, 1984. "Angell and the Stable Money Rule," Journal of Political Economy, University of Chicago Press, vol. 92(5), pages 972-978, October.
    12. Dornbusch, Rudiger & Frenkel, Jacob A., 1984. "The gold standard crisis of 1847," Journal of International Economics, Elsevier, vol. 16(1-2), pages 1-27, February.
    13. Kydland, Finn E & Prescott, Edward C, 1977. "Rules Rather Than Discretion: The Inconsistency of Optimal Plans," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 473-491, June.
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    Cited by:

    1. David M. Woodruff, 2014. "Governing by Panic: The Politics of the Eurozone Crisis," LEQS – LSE 'Europe in Question' Discussion Paper Series 81, European Institute, LSE.
    2. David M. Woodruff, 2014. "Governing by Panic: The Politics of the Eurozone Crisis," Europe in Question Discussion Paper Series of the London School of Economics (LEQs) 1, London School of Economics / European Institute.

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