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Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/142732
The classical gold standard and the Mediterranean periphery: the Spanish case (1870-1913)
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[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.
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ROLDÁN MARÍN, Alba. The classical gold standard and the Mediterranean periphery: the Spanish case (1870-1913). [consulted: 19 of August of 2026]. Available at: https://hdl.handle.net/2445/142732