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Self-limiting and Self-inflammatory Movements in Exchange Rates; Germany

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  • Frank D. Graham

Abstract

I. Scope of the paper: certain self-inflammatory movements, indirect and provisional. — Three cases, distinguished according to the terms of sale, considered theoretically. Case I, 224. — Case II, 229. — Case III, 233. — Conditions in Germany during 1920–24 conform to the assumptions in these cases, 233. — II. Examination of German conditions, 236. — Two periods, 238. — Statistical verification for the two periods, 242. — Conclusion, 248.

Suggested Citation

  • Frank D. Graham, 1929. "Self-limiting and Self-inflammatory Movements in Exchange Rates; Germany," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 43(2), pages 221-249.
    • Handle: RePEc:oup:qjecon:v:43:y:1929:i:2:p:221-249.
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    File URL: http://hdl.handle.net/10.2307/1882472
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    Cited by:

    1. Burdekin, Richard C. K. & Burkett, Paul, 1996. "Hyperinflation, the exchange rate and endogenous money: post-World War I Germany revisited," Journal of International Money and Finance, Elsevier, vol. 15(4), pages 599-621, August.
    2. Douglas A. Irwin, 2017. "The Missing Bretton Woods Debate over Flexible Exchange Rates," NBER Working Papers 23037, National Bureau of Economic Research, Inc.

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