6533b7cffe1ef96bd1258fb8
RESEARCH PRODUCT
El patrón oro y el euro. Una reflexión a partir de la lectura de A Tract on Monetary Reform
María A. PratsMaría A. PratsMaría A. PratsVicente EsteveManuel Navarro-ibáñezsubject
MacroeconomicsSpanish Civil WarTipos de cambioPolítica monetariaEconomicsMonetary reformSistema del euroKeynesPatrón oroGeneral Economics Econometrics and FinanceBanco centralFirst world warEconomíadescription
This paper makes a comparison between the gold standard and the euro through a study of Keynes’s views on the need to manage the macroeconomic situation of an industrial economy. The essay centers on Keynes’s first relevant economic work of the post World War I years, A Tract on Monetary Reform, analyzing its theoretical and practical content. The situation of monetary instability and the choice of exchange regime (to return or not to the gold standard, with the parity prior to the war) were the factors that attracted Keynes’s attention in those years. Similarities between the gold standard and the present euro system bestow a certain interest on Keynes’s ideas and on the economic discussions that took place in Great Britain during the postwar years (1919-1925)
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2017-09-01 |