SSE/EFI Working Paper Series in Economics and Finance
Michael D. Bordo and Lars Jonung
Monetary Regimes, Inflation and Monetary Reform: An Essay in Honor of Axel Leijonhufvud
Abstract: Axel Leijonhufvud has written extensively on monetary
regimes and monetary reform. His contributions in these fields are examined
here using evidence from 15 countries over the past century with respect to
their experiences of various monetary regimes. The performance of both
nominal and real variables are compared to the predictions of
Leijonhufvud's theoretical writings. We conclude that our findings are
consistent with these predictions.
Keywords: Monetary regimes and standards; inflation; (follow links to similar papers)
JEL-Codes: E42; (follow links to similar papers)
86 pages, May 1994
- This paper is published as:
Bordo, Michael D. and Lars Jonung, (1996), 'Monetary Regimes, Inflation and Monetary Reform: An Essay in Honor of Axel Leijonhufvud' in Vaz, D. and K. Velupilla (eds.) Inflation, Institutions and Information. Essays in Honor of Axel Leijonhufvud, Macmillan Press Ltd.
Questions (including download problems) about the papers in this series should be directed to Helena Lundin ()
Report other problems with accessing this service to Sune Karlsson ()
or Helena Lundin ().
Design by Joachim Ekebom