Canada and the Gold Standard: Balance of Payments Adjustment Under Fixed Exchange Rates, 1871-1913
(Part of the Studies in Macroeconomic History Series)
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Book Overview
In this re-examination of Canada's balance-of-payments experience under the gold standard, the authors develop and empirically test a new portfolio approach to the mechanism of balance-of-payments adjustment. This adjustment mechanism responded to massive inflows of foreign capital during a critical period of Canada's economic growth in the early years of the twentieth century. The authors show that the existence of international mobility of capital...
Format:Paperback
Language:English
ISBN:0521617065
ISBN13:9780521617062
Release Date:December 2004
Publisher:Cambridge University Press
Length:256 Pages
Weight:0.84 lbs.
Dimensions:0.6" x 6.0" x 9.0"
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