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Title: The classical gold standard and the Mediterranean periphery: the Spanish case (1870-1913)
Author: Roldán Marín, Alba
Director/Tutor: Catalán, Jordi
Keywords: Or patró
Canvi exterior
Gold standard
Foreign exchange
Issue Date: 16-Oct-2019
Publisher: Universitat de Barcelona
Abstract: [eng] This PhD analyses the causes and consequences of Spain’s non adoption of the gold standard. Chapter 1 is a state of the art about the costs and benefits of the gold standard in Spain. Chapter 2 is about causes by carrying out a debt sustainability analysis. Chapter 3 is about consequences and explains how the non-adoption of the gold standard could affect Spanish economy. Chapter 4 is a counterfactual analysis and studies how the economic growth would have been under a fixed exchange rate regime. The adoption of the gold standard would have been a mistake before 1903. Moreover, the adoption of the system after that moment would have been only possible by renouncing to historical parity and adopting the system with a devaluated parity.
Appears in Collections:Tesis Doctorals - Departament - Història Econòmica, Institucions, Política i Economia Mundial

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