Excess Liquidity and European Monetary Reforms, 1944-1952
This paper considers: 1. the various ways in which the large liquid holdings of the European population were swept away, 2. the factors that induced many European countries to center their attacks on these holdings, 3. the degree of success attained by the programs, and 4. the conditions under which...
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Veröffentlicht in: | The American economic review 1953-03, Vol.43 (1), p.76-100 |
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Format: | Artikel |
Sprache: | eng |
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Online-Zugang: | Volltext |
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Zusammenfassung: | This paper considers: 1. the various ways in which the large liquid holdings of the European population were swept away, 2. the factors that induced many European countries to center their attacks on these holdings, 3. the degree of success attained by the programs, and 4. the conditions under which the monetary reform became a necessary part of any broad anti-inflationary program. |
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ISSN: | 0002-8282 1944-7981 |