Exchange Rates and Casualties During the First World War

Abstract

I estimate two factor models of Swiss exchange rates during the First World War. I have data for five of the primary belligerents: Britain, France, Italy, Germany, and Austria-Hungary. At the outbreak of the war, these nations suspended convertibility of their currencies into gold with the promise that after the war each would restore convertibility at the… (More)

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16 Figures and Tables

Cite this paper

@inproceedings{Hall2001ExchangeRA, title={Exchange Rates and Casualties During the First World War}, author={George Hall}, year={2001} }