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Bimetallism in Theory

Marc Flandreau

in The Glitter of Gold: France Bimetallism and the Emergence of the International Gold Standard 1848-1873

Published in print:
2004
Published Online:
August 2004
ISBN:
9780199257867
eISBN:
9780191601279
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199257868.003.0002
Subject:
Economics and Finance, Economic History

Chapter 1 describes the international monetary landscape between 1848 and 1873. The prominent role of bullion is emphasized. It also reviews existing theories of the operation of a bimetallic system. ... More


Competitive Business Cycles

Jean-Pascal Bénassy

in Macroeconomic Theory

Published in print:
2011
Published Online:
April 2015
ISBN:
9780195387711
eISBN:
9780190261405
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780195387711.003.0010
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter discusses the three lines of research used in assessing basic models of fluctuations in competitive markets, namely research with the use of Dynamic Stochastic General Equilibrium ... More


Big Ideas in Macroeconomics: A Nontechnical View

Kartik B. Athreya

Published in print:
2013
Published Online:
May 2014
ISBN:
9780262019736
eISBN:
9780262314404
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262019736.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

In the wake of recent events, macroeconomics has come under intense scrutiny, often from non-economists. Yet because macroeconomics is now a highly technical undertaking, it will be very hard for ... More


Nominal Rigidities and Fluctuations

Jean-Pascal Bénassy

in Macroeconomic Theory

Published in print:
2011
Published Online:
April 2015
ISBN:
9780195387711
eISBN:
9780190261405
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780195387711.003.0013
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter defines the use of the Dynamic Stochastic General Equilibrium (DSGE) models with perfect or imperfect competitions. It states that the solution to fluctuations brought by demand shocks ... More


FAT or VAT? The Financial Activities Tax as a Substitute to Imposing Value-Added Tax on Financial Services

Thiess Buettner and Katharina Erbe

in Taxation and Regulation of the Financial Sector

Published in print:
2015
Published Online:
May 2015
ISBN:
9780262027977
eISBN:
9780262321099
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262027977.003.0008
Subject:
Economics and Finance, Financial Economics

This chapter analyzes revenue and welfare effects of implementing a Financial Activities Tax (FAT) both from a theoretical and a quantitative perspective. The theoretical analysis allows deriving ... More


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