Grossman, Richard S.; Imai, Masami - In: Explorations in Economic History 46 (2009) 3, pp. 314-323
We identify turning points in the value of the yen during the 1920s to determine which factors were perceived by market participants as affecting Japan's probability of returning to the gold standard. The 1920s were marked by military expansionism, political turmoil, and other dramatic political...