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Monetary Policy Regimes and Economic Performance : The Historical Record

Bordo, Michael D. - 1997

both domestic and international aspects of the monetary regime before World War I has since declined in its relevance At … the same time, policymakers within major nations placed more emphasis on stabilizing the real economy. In the post-World …

Persistent link: https://www.econbiz.de/10012472613

Foreign Currency Debt, Financial Crises and Economic Growth : A Long Run View

Bordo, Michael D. - 2009

Foreign currency debt is widely believed to increase risks of financial crisis, especially after being implicated as a cause of the East Asian crisis in the late 1990s. In this paper, we study the effects of foreign currency debt on currency and debt crises and its indirect short and long run...

Persistent link: https://www.econbiz.de/10012463115

Is Deflation depressing? Evidence from the Classical Gold Standard

Bordo, Michael D. - 2003

different monetary shocks, but these shocks explain very little of output growth or volatility, which is almost entirely a …

Persistent link: https://www.econbiz.de/10012469182

Historical Evidence on the Finance-Trade-Growth Nexus

Bordo, Michael D. - 2011

trade reinforced each other before 1930, but that these effects did not persist after the Second World War. Financial … after 1945. We attribute the rising importance of trade in explaining growth to major post-World War II changes in tariffs …

Persistent link: https://www.econbiz.de/10012461634

Globalization in historical perspective

Bordo, Michael D. (ed.); Taylor, Alan M. (contributor); … - 2003

Persistent link: https://www.econbiz.de/10013480751