Archive for May 31st, 2012

Fed assembles inventory of historical materials on central banking in the United States

May 31, 2012

One could be doing a project on Federal Reserve history sitting anywhere in the world.

As Fed is gearing for celebrating its 100th anniversary next year, it is looking at providing web access to records of the Federal Reserve’s past.

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Adventures (Tragedy) of Greek Drachma: From 1830s to joining Euro

May 31, 2012

Not sure why we don’t really have many papers on history of Greece economy circulating around. We are told repeatedly that Greece has a terrible economic and political history full of crises. But the empirical or historical work is rare to find.

I discovered this gem of a paper by Sophia Lazaretou of Bank of Greece. It gives history of Greek Drachma and monetary developments from the 1830s to joining Euro. She calls it adventures of Greek Drachma though on reading it you realise it is more of tragedy. And with the current experiences , even tragedy is a light term.

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