Arbeitspapier
Letting the Anchor Go: Monetary Policy in Neutral Norway During World War I
Introduction: For later generations, August 1914 has become a watershed in monetary history. In a matter of days, the belligerent and neutral countries of Europe alike suspended the gold standard. The international monetary regime that had served the world economy for close to four decades was no more. Everywhere domestic fiat money became the order of the day. Even more importantly, the war brought a fundamental change in the priorities of monetary policy: National objectives triumphed over monetary stability.
- ISBN
-
978-82-7553-585-4
- Language
-
Englisch
- Bibliographic citation
-
Series: Working Paper ; No. 2010/28
- Classification
-
Wirtschaft
- Event
-
Geistige Schöpfung
- (who)
-
Værholm, Monica
Øksendal, Lars Fredrik
- Event
-
Veröffentlichung
- (who)
-
Norges Bank
- (where)
-
Oslo
- (when)
-
2010
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Værholm, Monica
- Øksendal, Lars Fredrik
- Norges Bank
Time of origin
- 2010