Chaire Finances internationales Sciences Po (2006)
Marc Fl, Christophe Galimard, Pilar Nogues Marco
Building on the insights of Neal (1990), this paper provides new evidence on short term interest rates in Amsterdam, London and Paris in the 18th century. We do this by exploiting arbitrage...
The Empirics of International Currencies: (2005)
Using a new database for the late 19 century when the pound sterling was the leading currency, this paper provides the first empirical review of several key issues in the economics of international...
TARGET ZONES IN HISTORY AND THEORY: LESSONS FROM AN AUSTRO-HUNGARIAN EXPERIMENT (1896-1914) # (2003)
Marc Fl, John Komlos, Volkswirtschaftliche Fakultät, Marc Flandreau, John Komlos
The first known experiment with an exchange rate band took place in Austria-Hungary between 1896 and 1914. The rationale for introducing this policy rested on precisely those intuitions that the...
given to the source. Core, Periphery, Exchange Rate Regimes, and Globalization (2001)
Michael D. Bordo, Marc Flandreau, Michael D. Bordo, Marc Fl, Jel No. F
In this paper we focus on the different historical regime experiences of the core and the periphery. Before 1914 advanced countries adhered to gold while periphery countries either emulated the...