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
1. Verfasser: Gurley, John G.
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description 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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identifier ISSN: 0002-8282
ispartof The American economic review, 1953-03, Vol.43 (1), p.76-100
issn 0002-8282
1944-7981
language eng
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source Business Source Complete; Periodicals Index Online; Jstor Complete Legacy
subjects Bank accounts
Bank assets
Banking reforms
Consumer spending
Economic reform
Income taxes
Liquid assets
Liquidity
Monetary reform
Monetary theory
Paper money
Studies
title Excess Liquidity and European Monetary Reforms, 1944-1952
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