Article Dans Une Revue European Journal of the History of Economic Thought Année : 2019

The Structural Asymmetry of the International Gold Standard in Hawtrey’s works

Résumé

Ralph G. Hawtrey was the British Treasury’s only economist during the interwar period. He developed a monetary theory of the cycle by which the inherent instability of credit under the gold standard caused fluctuations in output, incomes, and prices. Hawtrey was a monetary specialist who influenced the inner process of policymaking through his capacity as advisor to Blackett, Niemeyer, and Norman. An extensive analysis of his monetary theory in an open economy provides insight into why in the 1920s he advocated the general adoption of the gold exchange standard coupled with cooperation among central banks.

Fichier non déposé

Dates et versions

hal-05071980 , version 1 (17-05-2025)

Identifiants

  • HAL Id : hal-05071980 , version 1

Citer

Pierre-Hernan Rojas. The Structural Asymmetry of the International Gold Standard in Hawtrey’s works. European Journal of the History of Economic Thought, 2019, 26 (3), https://www.tandfonline.com/doi/abs/10.1080/09672567.2019.1622754. ⟨hal-05071980⟩

Collections

46 Consultations
0 Téléchargements

Partager

  • More