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Topic: Bimetallism



  
 EH.Net Encyclopedia: Bimetallism
The LMU countries were at the forefront of the promotion of bimetallism, but Britain and Germany were never really on board, and the requisite degree of international co-operation was not forthcoming.
There was, however, a difficulty with bimetallic standards.
A bimetallic monetary standard can be defined as one in which coins of two different metals are legal tender.
http://eh.net/encyclopedia/article/redish.bimetallism   (1420 words)

  
 Working A Model of Bimetallism Franois R. Velde and Warren E. Weber (SMEALSearch) - Pal,Rangaswamy,Giles,Debnath
In our model, the (exogenous and stochastic) amount of each metal can be split between monetary uses to satisfy a cash-in-advance constraint, and nonmonetary uses in which the stock of uncoined metal yields utility.
Working A Model of Bimetallism Franois R. Velde and Warren E. Weber
Working A Model of Bimetallism Franois R. Velde and Warren E. Weber (SMEALSearch) - Pal,Rangaswamy,Giles,Debnath
http://smealsearch2.psu.edu/1433.html   (281 words)

  
 bimetallism on Encyclopedia.com
"Water seeks a level": modeling bimetallic exchange rates and the bimetallic band.(Statistical Data Included)
BIMETALLISM [bimetallism], in economic history, monetary system in which two commodities, usually gold and silver, were used as a standard and coined without limit at a ratio fixed by legislation that also designated both of them as legally acceptable for all payments.
Aside from England, which in acts of 1798 and 1816 made gold the standard currency, all countries practiced bimetallism during the late 18th cent.
http://www.encyclopedia.com/html/b1/bimetall.asp   (490 words)

  
 [A-List] bimetallism v. gold
Too little time is spent exploring the real benefits from the=20 gold standard, and the author precipitously blames bimetallism's failure on= =20 the incompetence of the movement's leaders.
Wilson also examines bimetallism as a brake on the=20 spread of the gold standard between 1870 and 1913.
It provides a one-stop-shop for most of the= =20 current thinking about the emergence of the classical gold standard and the= =20 disappearance of bimetallism and silver between 1870 and 1913 while also=20 providing a nice range of salient case studies.
http://lists.econ.utah.edu/pipermail/a-list/2002-February/017556.html   (1932 words)

  
 Bimetallism - Wikipedia, the free encyclopedia
The Bimetallic Standard, a series of pages on bimetalism from Micheloud and cie.
In economics, bimetallism is a monetary standard in which the value of the monetary unit can be expressed either with a certain amount of gold or with a certain amount of silver: the ratio between the two metals is fixed by law.
This created a conflict between those that favored inflationary policies caused by a bimetallic standard and those that favored sound money produced by a gold standard.
http://en.wikipedia.org/wiki/Bimetallism   (642 words)

  
 Chapter 14 - Assignment 2: The Bimetallic Standard and Gresham's Law
Questions:Read François Micheloud's discussion of The Bimetallic Standard.
Why was a bimetallic monetary standard replaced by a gold standard in the latter part of the 19th century?
Carefully explain how Gresham's Law may apply when a bimetallic standard is used.
http://college.hmco.com/economics/boyes_melvin/fund/iex/student/a14_2.htm   (107 words)

  
 Bimetallic Standard and bimetallism : an introduction
A bimetallic standard is a monetary standard where the monetary unit is defined as consisting of either a certain amount of a metal or a certain amount of another, with the monetary authority being ready at all times to coin either metal at the legal price.
Whenever the market price of silver in terms of gold is sufficiently far from the legal ratio, the economy switches to a monometallic standard, using the relatively cheapest metal as money and removing the other from circulation.
For example, in the United States for the greater part of the 19th century the dollar was defined as consisting either of 22.5 grains of gold or 371 grains of silver (a grain is 0.065 grams).
http://www.micheloud.com/FXM/MH/Bimetalintro.htm   (224 words)

  
 bimetallism - definition of bimetallism by the Free Online Dictionary, Thesaurus and Encyclopedia.
bimetallism - a monetary standard under which the basic unit of currency is defined by stated amounts of two metals (usually gold and silver) with values set at a predetermined ratio
The Wisdom Of Father Brown by Chesterton, Gilbert K. View in context
The explanation of the principles of bimetallism produce, as a rule, a contrary effect.
http://www.thefreedictionary.com/bimetallism   (271 words)

  
 Laughlin, The History of Bimetallism in the United States, Front Matter: Library of Economics and Liberty
The demand for this volume in the summer of 1896, when the revision was going on, was such that the publishers issued a third edition with the appendices revised to this year, and a new chapter at the end of Part II (Chapter XIII).
In brief, the multiple standard would take away all reason for bimetallism.
But it has also been necessary, in taking up the history of an economic subject like bimetallism, to deal with some matters of economic principle as well as with the facts to which they are applicable.
http://www.econlib.org/library/YPDBooks/Laughlin/lghHBM0.html   (1709 words)

  
 Limping bimetallism - Wikipedia, the free encyclopedia
The Bland-Allison Act of 1878 allowed the coining of new silver dollars, thus creating this system, which was then abandoned again once the Gold Standard Act of 1900 was enacted.
It was developed after the abandonment of bimetallism and the adoption of the gold standard in 1873.
Limping bimetallism was a monetary system in the United States that was partially dependent on silver but primarily dependent on gold.
http://en.wikipedia.org/wiki/Limping_bimetallism   (104 words)

  
 MSN Encarta - Search Results - Bimetallism
Bimetallism, monetary policy based on the use of two metals, usually gold and silver, as legal tender, coined without limit (free coinage), and...
After 1834, silver was undervalued at the mint; its market value was constantly higher than its coin value.
How well did we match your search term?
http://encarta.msn.com/Bimetallism.html   (94 words)

  
 Bimetallism: An Economic and Historical Analysis
The raison d'être of bimetallism had been removed and England was on the gold standard." Very important in Redish's view (and she persuades this reviewer) was new technology for minting coin, which made token coins difficult to counterfeit.
Two important questions that will be addressed are (1) why bimetallism evolved into the gold standard, and (2) why the gold standard did not occur earlier than it, in fact, did.
It not only summarizes the work but also carries the history to the late nineteenth century and beyond, through abandonment of the gold standard, to the current interest in currency unions and currency boards.
http://www.eh.net/bookreviews/library/0311.shtml   (1060 words)

  
 bimetallism --  Britannica Student Encyclopedia
The typical 19th-century bimetallic system defined a nation's monetary unit by law in terms of fixed quantities of gold and silver (thus automatically establishing a rate of exchange between the two metals).
After 1850, within a period of about 15 years, all the states adopted the decimal system, and the peso became the unit, though in several...
The Republicans believed in a money system based on the single gold standard.
http://www.britannica.com/ebi/article-9079217   (482 words)

  
 Oilfield Glossary: Term 'bimetallism'
In normal conditions, the effect of bimetallism on the SP is small, and care is taken to avoid it.
Since the magnitude of the drop depends on the formation resistivity, the effect of bimetallism is often seen as a resistivity log superimposed on the normal SP.
This potential drop will appear on the spontaneous potential (SP) log, where it can be confused with the electrochemical potential.
http://www.glossary.oilfield.slb.com/Display.cfm?Term=bimetallism   (127 words)

  
 Francois Micheloud Monetary History : learn about bimetallism and the Crime of 1873
Built from the latest historical and macroeconomic research, these pages explain complex monetary problems that shaped the world as we know it in a rich, graphical and entertaining presentation.
Francois Micheloud Monetary History : learn about bimetallism and the Crime of 1873
Click one of the icons below to discover wonders of monetary history.
http://www.micheloud.com/FXM/MH   (170 words)

  
 Search Results for bimetallism - Encyclopædia Britannica
Expand your search on bimetallism with these databases:
http://www.britannica.com/search?query=bimetallism&submit=Find&source=MWTEXT   (8 words)

  
 Gilded Age Lesson Plan: The Issue of Bimetallism in the Late Nineteenth-Century: Primary Sources
Primary Source Readings on the Issue of Bimetallism in the Late Nineteenth-Century
Gilded Age Lesson Plan: The Issue of Bimetallism in the Late Nineteenth-Century: Primary Sources
Read both of the following primary documents and write a 2-page essay in support for or against free silver.
http://dig.lib.niu.edu/gildedage/teachers/blandallison-primary.html   (809 words)

  
 The Glitter of Gold: France, Bimetallism, and The Emergence of the International Gold Standard, 1848-1873 - Owen ...
Note: Cover may not represent actual copy or condition available
The Glitter of Gold: France, Bimetallism, and The Emergence of the International Gold Standard, 1848-1873 by Marc Flandreau, Owen Leeming
The Glitter of Gold: France, Bimetallism, and The Emergence of the International Gold Standard, 1848-1873 - Owen Leeming Marc Flandreau
http://www.biblio.com/books/isbnnu/42382535.html   (175 words)

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