The Risks and Returns of Not Being on the Gold Standard: The Spanish Experience, 1880-1913
Garcia-Iglesias Soto, Maria Concepcion
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https://hdl.handle.net/2142/85630
Description
Title
The Risks and Returns of Not Being on the Gold Standard: The Spanish Experience, 1880-1913
Author(s)
Garcia-Iglesias Soto, Maria Concepcion
Issue Date
1998
Doctoral Committee Chair(s)
Neal, Larry
Department of Study
Economics
Discipline
Economics
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
History, European
Language
eng
Abstract
Therefore, the findings indicate that Spain pursued a low-risk, low-return policy path that allowed the country to maintain constant growth trend. This stability represented the low-risk side of the policy. The low-return, however, was the trade off in terms of the lower growth rate Spain experienced as compared with other Southern European countries.
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