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Search: subject:"Gibson’s paradox"
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Fama-Fisher Paradox
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Gibson’s Paradox
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Gibson’s paradox
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Keynes-Wicksell
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flexible prices
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gold standard
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inelastic money
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interest rates
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Chadha, Jagjit S.
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Evans, Paul
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Wang, Xiaojun
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Department of Economic History, London School of Economics (LSE)
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Department of Economics, University of Hawaii-Manoa
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Was the Gibson Paradox for real? a wicksellian study of the relationship between interest rates and prices
Chadha, Jagjit S.
;
Perlman, Morris
-
Department of Economic History, London School of …
-
2014
We examine the relationship between prices and interest rates for seven advanced economies in the period up to 1913, emphasizing the UK. There is a significant long-run positive relationship between prices and interest rates for the core commodity standard countries. Keynes (1930) labelled this...
Persistent link: https://www.econbiz.de/10010778780
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A Tale of Two Effects
Evans, Paul
;
Wang, Xiaojun
-
Department of Economics, University of Hawaii-Manoa
-
2005
supplied inelastically and prices are flexible. Such an economy is subject to
Gibson’s
Paradox
, a long-standing puzzle in …
Persistent link: https://www.econbiz.de/10005824153
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