The DOI matches its Crossref record; 33 of the 33 references it cites were found in a registry or an index.
The Gold Standard as a “Good Housekeeping Seal of Approval”
Abstract
In this article we argue that during the period from 1870 to 1914 adherence to the gold standard was a signal of financial rectitude, a “good housekeeping seal of approval”, that facilitated access by peripheral countries to capital from the core countries of western Europe. Examination of data from nine widely different capital-importing countries, using a model inspired by the Capital Asset Pricing Model, reveals that countries with poor records of adherence were charged considerably more than those with good records, enough to explain the determined effort to stay on gold made by a number of capital-importing countries.
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Citations
Cites
CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*
Sharpe, W. F. (1964) · The Journal of Finance · doi:10.1111/j.1540-6261.1964.tb02865.x · Cited by 19,441
Credit Rationing in Markets with Imperfect Information
Stiglitz, J. E., & Weiss, A. (1981) · Columbia University · doi:10.7916/d8v12ft1 · Cited by 12,769
Rules Rather than Discretion: The Inconsistency of Optimal Plans
Kydland, F. E., & Prescott, E. C. (1977) · Journal of Political Economy · doi:10.1086/260580 · Cited by 7,905
Lintner, J. (1965) · The Review of Economics and Statistics · doi:10.2307/1924119 · Cited by 6,877
Lintner, J. (1975) · Stochastic Optimization Models in Finance · doi:10.1016/b978-0-12-780850-5.50018-6 · Cited by 6,743
Rules, discretion and reputation in a model of monetary policy
Barro, R. J., & Gordon, D. B. (1983) · Journal of Monetary Economics · doi:10.1016/0304-3932(83)90051-x · Cited by 3,610
Optimal fiscal and monetary policy in an economy without capital
Lucas, R. E., & Stokey, N. L. (1983) · Journal of Monetary Economics · doi:10.1016/0304-3932(83)90049-1 · Cited by 1,875
Abstract of British Historical Statistics
Thirring, L., Mitchell, B. R., & Deane, P. (1963) · Revue de l'Institut International de Statistique / Review of the International Statistical Institute · doi:10.2307/1401455 · Cited by 1,020
Golden fetters: the gold standard and the Great Depression, 1919-1939
(1992) · Choice Reviews Online · doi:10.5860/choice.30-2190 · Cited by 944
Dynamic forces in capitalist development
Maddison, A. (1991) · Cited by 745
Cited by
(2011) · Medical Entomology and Zoology · Cited by 107
Metadata
- Authors
- Bordo, M. D., & Rockoff, H.
- Venue
- The Journal of Economic History
- Publisher
- Cambridge University Press (CUP)
- Published
- 1996-06
- Volume
- 56
- Issue
- 2
- Pages
- 389-428
- ISSN
- 0022-0507 (ISSN-L)
- 1471-6372
- OpenAlex
- W3121137126
- Cited by
- 518
- References
- 33
- FWCI
- 18.63
- Type
- journal article
- Language
- en
- Open access
- closed
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.