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Classical Gold Standard

In: Essays in Economic History

Author

Listed:
  • Lawrence H. Officer

    (University of Illinois at Chicago)

Abstract

The classical gold standard is the most famous monetary system that ever existed, with its heyday lasting a third of a century. By the time World War I began, the gold standard had become the predominant national and international monetary system in the world. The gold standard exhibited both elements that promoted stability and forces that fostered instability. Modern time-series analysis has been used to examine various facets of the gold standard, especially the roles of the core countries (Britain, France, Germany, and the United States). While there is apparent consensus on some aspects of the gold standard, controversies continue, and there remains room for further research and reflection.

Suggested Citation

  • Lawrence H. Officer, 2022. "Classical Gold Standard," Springer Books, in: Essays in Economic History, chapter 0, pages 249-289, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-95925-8_14
    DOI: 10.1007/978-3-030-95925-8_14
    as

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