The integration of the European economy 1850-1913 /Lee A. Craig and Douglas Fisher.
Craig, Lee A. 1960-
The integration of the European economy 1850-1913 /Lee A. Craig and Douglas Fisher. - Houndmills, Basingstoke, Hampshire : Macmillan ; (c)1997. New York : St. Martin's Press, (c)1997. - 1 online resource (xviii, 327 pages) : illustrations
Includes bibliographies and index.
Economic Integration in Theory and Practice -- The Political Integration of the European States -- The Nature and Causes of Economic Growth, 1850-1913 -- Money, Banking and Financial Sophistication -- Central Banking before 1914 -- Money and Prices, 1850-1913 -- The Demand for Money -- The Integration of Product and Capital Markets -- The European Trade Cycle, 1850-1913 -- The Integration of The European Economy by 1913.
This volume documents the economic integration of the European economy over the period 1850-1913. The authors argue that by 1913 the national economies of Western and Central Europe were so sufficiently integrated in most important aspects that one could refer to as composing a 'European economy' for all practical purposes. The study concentrates on the macroeconomic aspects of this integration, although from time to time it digresses into microeconomic topics, as the situation requires. By 'macroeconomic aspects' the authors refer both to the nature of the data that they consider and to the econometric tests that they apply to these data. In particular, they focus on measures of aggregate output and monetary aggregates as they relate to policy concerns, such as those surrounding the implementation of the gold standard, as well as the possible interaction of nominal and real factors in both growth and cycles. They also date the 'European' cycle and show a close coincidence across nations.
9781349251650 9780333580363 9781349251674
Electronic Books.
HC241 / .I584 1997
The integration of the European economy 1850-1913 /Lee A. Craig and Douglas Fisher. - Houndmills, Basingstoke, Hampshire : Macmillan ; (c)1997. New York : St. Martin's Press, (c)1997. - 1 online resource (xviii, 327 pages) : illustrations
Includes bibliographies and index.
Economic Integration in Theory and Practice -- The Political Integration of the European States -- The Nature and Causes of Economic Growth, 1850-1913 -- Money, Banking and Financial Sophistication -- Central Banking before 1914 -- Money and Prices, 1850-1913 -- The Demand for Money -- The Integration of Product and Capital Markets -- The European Trade Cycle, 1850-1913 -- The Integration of The European Economy by 1913.
This volume documents the economic integration of the European economy over the period 1850-1913. The authors argue that by 1913 the national economies of Western and Central Europe were so sufficiently integrated in most important aspects that one could refer to as composing a 'European economy' for all practical purposes. The study concentrates on the macroeconomic aspects of this integration, although from time to time it digresses into microeconomic topics, as the situation requires. By 'macroeconomic aspects' the authors refer both to the nature of the data that they consider and to the econometric tests that they apply to these data. In particular, they focus on measures of aggregate output and monetary aggregates as they relate to policy concerns, such as those surrounding the implementation of the gold standard, as well as the possible interaction of nominal and real factors in both growth and cycles. They also date the 'European' cycle and show a close coincidence across nations.
9781349251650 9780333580363 9781349251674
Electronic Books.
HC241 / .I584 1997