Unité mixte de recherche 7235

Sweden’s Monetary Internationalization under the Silver and Gold Standards, 1834–1913

Anders Ögren

[en] The central bank’s possibility to sustain the specie standard was largely affected by both the financial development and its internationalization. The increased foreign debt denominated in foreign currencies forced the central bank to engage in more disciplinary monetary policy. The developed banking system worked in two ways: 1) increased public wealth in the banking system allowed a more relaxed discipline but 2) the commercial banks’ supply of liquidity through note issuance allowed the central bank to strengthen monetary discipline. The international economy developed as a credit economy and this international credit economy led to more flexible monetary policy. This affected the working of the adjustment mechanism where domestic prices simultaneously followed changes in the domestic money supply and in international prices. Thus the international integration made both prices and money supply grow in harmony over the borders. [/en]


mardi 17 mai 2022

Rencontres économiques

9h30 à 11h30

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jeudi 19 mai 2022


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lundi 23 mai 2022

Law, Institutions and Economics in Nanterre (LIEN)

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The Value of Your Data: Privacy and Personal Data Exchange Networks

mardi 24 mai 2022

Recherche et Economie et Socioéconomie Politique, des Institutions et des Régulations (RESPIR)

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De 13h30 à 15h30

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lundi 30 mai 2022

Law, Institutions and Economics in Nanterre (LIEN)

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Salle G110

Data Driven Mergers and Acquisitions with Information Synergies

mardi 31 mai 2022

Series of Webinars on Economics of Environment, Energy and Transport (SWEEET)

Juan Pablo Montero (PUC)


jeudi 9 juin 2022


Rémi Generoso


jeudi 9 juin 2022

Groupe de travail « Intelligence artificielle »

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Salle G614B

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