The role of exchange rate flexibility in the periphery of the gold standard has been grossly overlooked. This paper builds a new dataset on trade-weighed exchan

As awareness of the process of globalization grows and the study of its effects becomes increasingly important to governments and businesses (as well as to a si

This is a timely review of the gold standard covering the 110 years of its operation until 1931, when Britain abandoned it in the midst of the Depression. Curre

This book collects together the basic documents of an approach to the theory and policy of the balance of payments developed in the 1970s. The approach marked a

Since the first edition, published in 1985, much new research has been completed. This updated version includes five new essays, including a new introduction by