Book contents
- Keynes’s Economic Consequences of the Peace after 100 Years
- Keynes’s Economic Consequences of the Peace after 100 Years
- Copyright page
- Contents
- Plates
- Figures
- Tables
- Contributors
- Preface
- Acknowledgements
- 1 Lessons of Keynes’s Economic Consequences in a Turbulent Century
- 2 The Making of a Classic: Keynes and the Origins of The Economic Consequences of the Peace
- 3 Keynes’s Economic Consequences (1919)
- 4 “Too Bad to Be True”: Swedish Economists on Keynes’s The Economic Consequences of the Peace and German Reparations, 1919–29
- 5 Revisionism as Intellectual-Political Vindication, or the French Receptions of Consequences after the Two World Wars (1919–1946)
- 6 Between Cambridge, Paris, and Amsterdam
- 7 Keynes, the Transfer Problem, and Reparations
- 8 The Speculative Consequences of the Peace
- 9 Why Was Keynes Opposed to Reparations and a Carthaginian Peace?
- 10 One Case Where The Economic Consequences of the Peace Mattered
- 11 Keynes and International Trade Politics after the First World War
- 12 Gold, International Monetary Cooperation, and the Tripartite Agreement of 1936
- 13 Exchange Rates, Tariffs and Prices in 1930s Britain
- 14 “Unusual, Unstable, Complicated, Unreliable and Temporary”: Reinterpreting the Ebb and Flow of Globalization
- 15 Keynes’s Arc of Discovery
- 16 Keynes, The Economic Consequences of the Peace, and Popular Perceptions of the First World War
- Index
- Plate Section (PDF Only)
- References
13 - Exchange Rates, Tariffs and Prices in 1930s Britain
Published online by Cambridge University Press: 14 December 2023
Book contents
- Keynes’s Economic Consequences of the Peace after 100 Years
- Keynes’s Economic Consequences of the Peace after 100 Years
- Copyright page
- Contents
- Plates
- Figures
- Tables
- Contributors
- Preface
- Acknowledgements
- 1 Lessons of Keynes’s Economic Consequences in a Turbulent Century
- 2 The Making of a Classic: Keynes and the Origins of The Economic Consequences of the Peace
- 3 Keynes’s Economic Consequences (1919)
- 4 “Too Bad to Be True”: Swedish Economists on Keynes’s The Economic Consequences of the Peace and German Reparations, 1919–29
- 5 Revisionism as Intellectual-Political Vindication, or the French Receptions of Consequences after the Two World Wars (1919–1946)
- 6 Between Cambridge, Paris, and Amsterdam
- 7 Keynes, the Transfer Problem, and Reparations
- 8 The Speculative Consequences of the Peace
- 9 Why Was Keynes Opposed to Reparations and a Carthaginian Peace?
- 10 One Case Where The Economic Consequences of the Peace Mattered
- 11 Keynes and International Trade Politics after the First World War
- 12 Gold, International Monetary Cooperation, and the Tripartite Agreement of 1936
- 13 Exchange Rates, Tariffs and Prices in 1930s Britain
- 14 “Unusual, Unstable, Complicated, Unreliable and Temporary”: Reinterpreting the Ebb and Flow of Globalization
- 15 Keynes’s Arc of Discovery
- 16 Keynes, The Economic Consequences of the Peace, and Popular Perceptions of the First World War
- Index
- Plate Section (PDF Only)
- References
Summary
This chapter investigates the degree of pass-through from import prices and tariffs to wholesale prices in interwar Britain using a new high-frequency micro data set. The main results are: (i) Pass-through from import prices and tariffs to wholesale prices was economically and statistically significant. (ii) Despite devaluation, import prices exacerbated deflation in the early 1930s because of the global slump in export prices. (iii) Rising protection, however, was a mild stimulus to prices during the shift to inflation.
- Type
- Chapter
- Information
- Keynes's Economic Consequences of the Peace after 100 YearsPolemics and Policy, pp. 325 - 363Publisher: Cambridge University PressPrint publication year: 2024
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