Lars Jonung
Professor emeritus
Cassel, Davidson and Heckscher on swedish monetary policy : A confidential report to the riksbank in 1931
Författare
Summary, in English
When Sweden was forced to leave the gold standard in September 1931—one week after the Bank of England had taken the same step—the Swedish authorities declared that the aim of Swedish monetary policy should be to stabilize the internal purchasing power of the krona. that is, a price stabilization norm was adopted by the Government as the guide for the Riksbank. The Riksbank, left with the task of implementing this policy, turned to three renowned economists for advice, Gustav Cassel, David Davidson and Eli Heckscher. Their recommendations concerning the proper aims and means for Swedish monetary policy, given in three separate reports at the end of October 1931, have thus far remained classified documents, kept in the archives of the Riksbank.
Avdelning/ar
- Nationalekonomiska institutionen
Publiceringsår
1979
Språk
Engelska
Sidor
85-101
Publikation/Tidskrift/Serie
Scandinavian Economic History Review
Volym
22
Issue
2
Länkar
Dokumenttyp
Artikel i tidskrift
Förlag
Routledge
Ämne
- Economic History
Status
Published
ISBN/ISSN/Övrigt
- ISSN: 1750-2837