Kirsten Wandschneider

TL;DR: The authors used weekly data over the period 1925-1936 to estimate central bank rate reaction functions for a panel of 22 countries during the inter-war gold standard and found that countries moved away from the sole objective of convertibility and towards a more modern monetary policy based on exchange rate stabilization, but not yet output stabilization or even modern price level targeting.

TL;DR: This article proposed a discrete time duration model (using a panel data set of 24 countries for 1928-1936) to analyze how economic and political indicators affected a country's term on the gold standard.

TL;DR: In this article, the role of international markets in the brazilian financial crisis of 1890/91 (the crash of the encilhamento) was assessed and the effects of the argentine experience carried over to brazil because the open capital and money markets of the period easily transmitted crisis from one economy to another and fundamental conditions in both economies rendered them similarly vulnerable to fluctuations in capital flows.

TL;DR: In this article, the authors build on the new neoclassical growth model to identify economic determinants of growth, and explicitly test for the influence of political variables on economic performance for the 1990s.

TL;DR: This article examined the first widespread use of capital controls in response to a global or regional financial crisis and found evidence that they stemmed gold outflows in the year following their imposition; however, time-shifted, difference-in-differences (DD) estimates of industrial production, prices, and exports suggest that exchange controls did not accelerate macroeconomic recovery relative to countries that went off gold and floated.