英语论文网

留学生硕士论文 英国论文 日语论文 澳洲论文 Turnitin剽窃检测 英语论文发表 留学中国 欧美文学特区 论文寄售中心 论文翻译中心 我要定制

Bussiness ManagementMBAstrategyHuman ResourceMarketingHospitalityE-commerceInternational Tradingproject managementmedia managementLogisticsFinanceAccountingadvertisingLawBusiness LawEducationEconomicsBusiness Reportbusiness planresearch proposal

英语论文题目英语教学英语论文商务英语英语论文格式商务英语翻译广告英语商务英语商务英语教学英语翻译论文英美文学英语语言学文化交流中西方文化差异英语论文范文英语论文开题报告初中英语教学英语论文文献综述英语论文参考文献

ResumeRecommendation LetterMotivation LetterPSapplication letterMBA essayBusiness Letteradmission letter Offer letter

澳大利亚论文英国论文加拿大论文芬兰论文瑞典论文澳洲论文新西兰论文法国论文香港论文挪威论文美国论文泰国论文马来西亚论文台湾论文新加坡论文荷兰论文南非论文西班牙论文爱尔兰论文

小学英语教学初中英语教学英语语法高中英语教学大学英语教学听力口语英语阅读英语词汇学英语素质教育英语教育毕业英语教学法

英语论文开题报告英语毕业论文写作指导英语论文写作笔记handbook英语论文提纲英语论文参考文献英语论文文献综述Research Proposal代写留学论文代写留学作业代写Essay论文英语摘要英语论文任务书英语论文格式专业名词turnitin抄袭检查

temcet听力雅思考试托福考试GMATGRE职称英语理工卫生职称英语综合职称英语职称英语

经贸英语论文题目旅游英语论文题目大学英语论文题目中学英语论文题目小学英语论文题目英语文学论文题目英语教学论文题目英语语言学论文题目委婉语论文题目商务英语论文题目最新英语论文题目英语翻译论文题目英语跨文化论文题目

日本文学日本语言学商务日语日本历史日本经济怎样写日语论文日语论文写作格式日语教学日本社会文化日语开题报告日语论文选题

职称英语理工完形填空历年试题模拟试题补全短文概括大意词汇指导阅读理解例题习题卫生职称英语词汇指导完形填空概括大意历年试题阅读理解补全短文模拟试题例题习题综合职称英语完形填空历年试题模拟试题例题习题词汇指导阅读理解补全短文概括大意

商务英语翻译论文广告英语商务英语商务英语教学

无忧论文网

联系方式

英国留学生货币经济学论文定制:布雷顿森林体系和其他货币制度—Breton Woods and Other Monetary Regimes

论文作者:英语论文网论文属性:硕士毕业论文 thesis登出时间:2011-07-04编辑:zn1987点击率:5155

论文字数:26287论文编号:org201107041310575672语种:英语 English地区:英国价格:$ 66

关键词:英国留学生货币经济学论文Bretton Woods systemMonetary system

摘要:英语论文网专业提供英国留学生货币经济学论文定制,英国留学生经济学论文定制等论文服务。布雷顿森林货币体系(Bretton Woods system)是指战后以美元为中心的国际货币体系,本文从两个方面说明了布雷顿森林体系的历史评价。

The Gold Standard, Breton Woods and Other Monetary Regimes: A Historical Appraisal

INTRODUCTION

Two Questions
Which 英国留学生货币经济学论文 international monetary ream is h ~5tfor economic performance? One based on fixed exchange rates, including the gold standard and its variants? Adjustable peg regimes such as their ton Woods system and the European MonetarvSystem (EMS)? Or one based on floating exchange rates? This quest ion has been debated since Nurse’s classic indictment of flexible rates and Friedman’s classic defense.
Why have some none tar regimes been more successful than others? Specifically, why did the classical gold stand aid last for almost a coup t urn (at least for (read Britain) and why did Bret ton Woods endure for only 25 years (or less)? Why was the EMS successful for only a few years?
This paper attempts to answer these questions answer the first question, I examine empirical evidence on the performance of three monetary regimes: the classical gold s inward Brett on Woods, and the current float. As a backdrop, I examine the mixed regime interwar period. I answer the second question by linking regime success

To the presence of credible commitment mechanisms, that is, to the incentive compatibility features of the regime. Successful fixed-rate regimes, in addition to being based on simple transparent rules, contained lea tares Tim t encouraged a center country to enforce the rules and other countries to comply.

The Issues
These questions touch on a number of important issues raised in economic literature. ‘Ihefirst is the effect of the exchange rate regimen welfare. The key advantage of fixed exchange rates is that they reduce the transactions costs of exchange. The key disadvantage is that in a world of wage and price stickiness the benefits of reduced transactions costs may heron weighed by the costs of more volatile output and employment.
Help man and Razing (1979), Holliman (1981) and others have raised the welfare issue. This theoretical literature concludes that it is difficult to provide an unambiguous ranking of exchange rate arrangements
Meltzer 11990) argues the need for empirical measures of the excess burdens associated with flexible and fixed exchange rates—the costs of increased vow)a tile TV on the one hand compared with the output costs of sticky paces on the other hand. His comparison of EMS and non-EMS countries in the postwar period however, does not yield clear-cut results.

Earlier literature comparing the macroeconomic performance of the classical gold standard, Bret ton Woods and the current float also yielded mixed results. Tim-do (1981) and Cooper(1982) showed that the classical gold standard was associated with greater price level and real output vole t alit than post—World War II arrangements for the United States and United Kingdom. On the other hand Klein (1975) and Schwartz (1986) presented evidence that the gold standard provided greater long-term lyric stahilit~’than did the post—World War- It arrangements.

REFERENCES
Alogoskoufis, George S. and Ronald Smith. “The Phillips Curve, the Persistence of Inflation, and the Lucas Critique: Evidence from Exchange-Rate Regimes,” American Economic Review (December 1991), pp. 1254—75.
Alogoskoufis, George S. “Monetary Accommodation, Exchange Rate Regimes and Inflation Persistence,” Economic Journal (May 1992), pp. 461—80.
Barrow, Robert J., and David B. Gordon. “Rules, Discretion and Re论文英语论文网提供整理,提供论文代写英语论文代写代写论文代写英语论文代写留学生论文代写英文论文留学生论文代写相关核心关键词搜索。

共 1/2 页首页上一页12下一页尾页

英国英国 澳大利亚澳大利亚 美国美国 加拿大加拿大 新西兰新西兰 新加坡新加坡 香港香港 日本日本 韩国韩国 法国法国 德国德国 爱尔兰爱尔兰 瑞士瑞士 荷兰荷兰 俄罗斯俄罗斯 西班牙西班牙 马来西亚马来西亚 南非南非