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American monetary policy in the nineteenth century

In: A Comparative History of Central Bank Behavior

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Abstract

The new U.S. generally conformed to the British monetary system (except for its multitude of banks), with a commitment to the gold standard except in war time. The monetary problems addressed in this chapter are the post-War of 1812 and Civil War resumptions, the choice between a national bank and an independent treasury as the monetary authority, and the gold v. silver contest during the late 19th century deflation.

Suggested Citation

  • ., 2022. "American monetary policy in the nineteenth century," Chapters, in: A Comparative History of Central Bank Behavior, chapter 6, pages 134-158, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:21729_6
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    Cited by:

    1. Niu, Xiaoxiao & Harvey, Nigel, 2023. "Are lay expectations of inflation based on recall of specific prices? If so, how and under what conditions?," Journal of Economic Psychology, Elsevier, vol. 98(C).
    2. Gerrath, Maximilian H.E.E. & Olya, Hossein & Shah, Zahra & Li, Huaiyu, 2024. "Virtual influencers and pro-environmental causes: The roles of message warmth and trust in experts," Journal of Business Research, Elsevier, vol. 175(C).

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