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| Author: | Dimand, R.W. |
| Title: | Irving Fisher on the international transmission of booms and depressions through monetary standards |
| Journal: | Journal of Money, Credit and Banking
2003 : FEB, VOL. 35:1, p. 49-90 |
| Index terms: | Recession |
| Freeterms: | Booms Fluctuation Monetary standards |
| Language: | eng |
| Abstract: | The role of monetary standards in the international transmission of economic fluctuations, particularly the role of the gold standard in the depression, has attracted considerable recent attention. This literature has overlooked a pioneering precursor: Irving Fisher, "Are booms and depressions transmitted internationally through monetary standards?" (1935), which has also been neglected in the literature on Fisher. The author examines Fisher's contribution in the context of later research on the topic and explores the place of Fisher (1935) in Fisher's work. |
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