Reserves and Baskets / Michael D. Bordo, Harold James.

By:

Bordo, Michael D

Contributor(s):

Material type: Text

TextSeries: Working Paper Series (National Bureau of Economic Research) ; no. w17492.Publication details: Cambridge, Mass. National Bureau of Economic Research 2011.Description: 1 online resource: illustrations (black and white)Subject(s):

Online resources:

Available additional physical forms:

Hardcopy version available to institutional subscribers

Abstract: We discuss three well known plans that were offered in the twentieth century to provide an artificial replacement for gold and key currencies as international reserves: Keynes' Bancor, the SDR and the Ecu( predecessor to the euro).The latter two of these reserve substitutes were institutionalized but neither replaced the dollar as the principal medium of international reserve.

Tags from this library: No tags from this library for this title. Log in to add tags.

Average rating: 0.0 (0 votes)

Holdings
Item type	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Working Paper	Biblioteca Digital	Colección NBER	nber w17492 (Browse shelf(Opens below))	Not For Loan

Total holds: 0

Collection: Colección NBER Close shelf browser (Hides shelf browser)

Previous	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	No cover image available	Next
Previous	nber w1749 The Covariation of Risk Premiums and Expected Future Spot Exchange Rates /	nber w17490 On the Network Topology of Variance Decompositions: Measuring the Connectedness of Financial Firms /	nber w17491 Mutual Fund Performance and the Incentive to Generate Alpha /	nber w17492 Reserves and Baskets /	nber w17493 Aggregate Implications of Innovation Policy /	nber w17494 Injecting Successful Charter School Strategies into Traditional Public Schools: A Field Experiment in Houston /	nber w17495 Knowledge Growth and the Allocation of Time /	Next

October 2011.

We discuss three well known plans that were offered in the twentieth century to provide an artificial replacement for gold and key currencies as international reserves: Keynes' Bancor, the SDR and the Ecu( predecessor to the euro).The latter two of these reserve substitutes were institutionalized but neither replaced the dollar as the principal medium of international reserve.