14: Money and the State: International

Lecture PDF

Lec 14-1: FT: Costs of Japan’s Monetary Policy

FT article link

Lec 14-2: Reading: Robert Mundell

Robert Mundell Reading

Lec 14-3: Act 1 (1900-1933): Confrontation of the Fed with the Gold Standard

Benjamin Strong, central banker

Lec 14-4: Act 2 (1934-1971): Contradiction between Keynesian national management and the Bretton Woods fixed rate system

Lec 14-5: The Dollar System

Lec 14-6: Act 3 (1972-1999): Flexible exchange, learning from experience

Lec 14-7:Act 4: Global Financial Crisis, Limits of Central Bank Cooperation

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