Martin Ellison, Sang Seok Lee, Kevin Hjortshøj O’Rourke  on this new NBER Working Paper: How did international locations get well from the Nice Melancholy? On this paper we discover the argument that leaving the gold normal helped by boosting inflationary expectations and decreasing actual rates of interest. We achieve this for a pattern of 30 international locations, utilizing fashionable nowcasting strategies […]


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