One Hundred Years of Exchange Rate Economics at The University of Chicago. 1892-1992.

Autor/in	Edwards, Sebastian
Institution	National Bureau of Economic Research
Titel	One Hundred Years of Exchange Rate Economics at The University of Chicago. 1892-1992.
Quelle	Cambridge, Mass: National Bureau of Economic Research (2023) PDF als Volltext (1); PDF als Volltext (2) Link als defekt meldenVerfügbarkeit
Reihe	NBER working paper series. w31928
Beigaben	Illustrationen
Sprache	englisch
Dokumenttyp	online; Monographie; Graue Literatur
DOI	10.3386/w31928
Schlagwörter	Geldpolitik; Makroökonomie; Wechselkurs; Wirtschaftsforschung; Ökonom; Wirtschaftswissenschaft; Hochschule; Wirtschaftshochschule; Arbeitspapier; Theorie; Chicago, Ill.
Abstract	In this paper I analyze the work on exchange rates and external imbalances by University of Chicago faculty members during the university's first hundred years, 1892-1992. Many people associate Chicago's views with Milton Friedman's advocacy for flexible exchange rates. But, of course, there was much more than that, including the work of J. Laurence Laughlin on bimetallism, Jacob Viner on the balance of payments, Lloyd Metzler on transfers, Harry Johnson on trade and currencies, Lloyd Mints on exchange rate regimes, Robert Mundell on optimal currency areas, and Arnold Harberger on shadow exchange rates, among other. The analysis shows that, although different scholars emphasized different issues, there was a common thread in this research, anchored on the role of relative prices' changes during the adjustment process.
Erfasst von	ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel
Update	2024/1