{"id":"https://openalex.org/W596148088","doi":null,"title":"The Myth of Demonetarization of Gold","display_name":"The Myth of Demonetarization of Gold","publication_year":2010,"publication_date":"2010-10-01","ids":{"openalex":"https://openalex.org/W596148088","mag":"596148088"},"language":"en","primary_location":{"id":"pmh:oai:papyrus.bib.umontreal.ca:1866/4798","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/1866/4798","pdf_url":"http://hdl.handle.net/1866/4798","source":{"id":"https://openalex.org/S4306402422","display_name":"Papyrus : Institutional Repository (Universit\u00e9 de Montr\u00e9al)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I70931966","host_organization_name":"Universit\u00e9 de Montr\u00e9al","host_organization_lineage":["https://openalex.org/I70931966"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"journal article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://hdl.handle.net/1866/4798","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5071911522","display_name":"J.G. Loranger","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"J.G. Loranger","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5071911522"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":0,"citation_normalized_percentile":{"value":0.0,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9688000082969666,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.9688000082969666,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10007","display_name":"Monetary Policy and Economic Impact","score":0.023099999874830246,"subfield":{"id":"https://openalex.org/subfields/2000","display_name":"General Economics, Econometrics and Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.002199999988079071,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/numeraire","display_name":"numeraire","score":0.7870000004768372},{"id":"https://openalex.org/keywords/international-monetary-reform","display_name":"international monetary reform","score":0.8429999947547913},{"id":"https://openalex.org/keywords/gold-prices","display_name":"gold prices","score":0.5040000081062317},{"id":"https://openalex.org/keywords/us-dollar","display_name":"US dollar","score":0.8790000081062317},{"id":"https://openalex.org/keywords/special-drawing-rights","display_name":"Special Drawing Rights","score":0.7279999852180481},{"id":"https://openalex.org/keywords/commodity-money","display_name":"commodity money","score":0.699999988079071},{"id":"https://openalex.org/keywords/fiat-money","display_name":"fiat money","score":0.9359999895095825},{"id":"https://openalex.org/keywords/financial-crises","display_name":"financial crisis","score":0.656000018119812},{"id":"https://openalex.org/keywords/safe-haven","display_name":"safe haven","score":0.46000000834465027},{"id":"https://openalex.org/keywords/derivatives","display_name":"derivatives","score":0.5809999704360962},{"id":"https://openalex.org/keywords/euro-exchange-rate","display_name":"euro exchange rate","score":0.7149999737739563},{"id":"https://openalex.org/keywords/inflation","display_name":"inflation","score":0.5820000171661377},{"id":"https://openalex.org/keywords/dow-jones-industrial-average","display_name":"Dow Jones Industrial Average","score":0.7419999837875366},{"id":"https://openalex.org/keywords/interest-rates","display_name":"interest rates","score":0.5920000076293945}],"concepts":[{"id":"https://openalex.org/C519517224","wikidata":"https://www.wikidata.org/wiki/Q12827256","display_name":"Mythology","level":2,"score":0.4720388650894165},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.3207889199256897},{"id":"https://openalex.org/C142362112","wikidata":"https://www.wikidata.org/wiki/Q735","display_name":"Art","level":0,"score":0.20864084362983704},{"id":"https://openalex.org/C124952713","wikidata":"https://www.wikidata.org/wiki/Q8242","display_name":"Literature","level":1,"score":0.11337807774543762}],"mesh":[],"locations_count":4,"locations":[{"id":"pmh:oai:papyrus.bib.umontreal.ca:1866/4798","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/1866/4798","pdf_url":"http://hdl.handle.net/1866/4798","source":{"id":"https://openalex.org/S4306402422","display_name":"Papyrus : Institutional Repository (Universit\u00e9 de Montr\u00e9al)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I70931966","host_organization_name":"Universit\u00e9 de Montr\u00e9al","host_organization_lineage":["https://openalex.org/I70931966"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"journal article"},{"id":"pmh:oai:CiteSeerX.psu:10.1.1.1033.8982","doi":null,"is_oa":false,"landing_page_url":"http://citeseerx.ist.psu.edu/viewdoc/summary?doi=10.1.1.1033.8982","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"https://papyrus.bib.umontreal.ca/xmlui/bitstream/handle/1866/4798/Loranger_Macerata%20Conference.pdf%3Bjsessionid%3DB1DF1B6086480CCF5B5AA1D6EF1B2DCF?sequence%3D1","raw_type":"text"},{"id":"pmh:oai:umontreal.scholaris.ca:1866/4798","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/1866/4798","pdf_url":null,"source":{"id":"https://openalex.org/S4306402422","display_name":"Papyrus : Institutional Repository (Universit\u00e9 de Montr\u00e9al)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I70931966","host_organization_name":"Universit\u00e9 de Montr\u00e9al","host_organization_lineage":["https://openalex.org/I70931966"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"journal article"},{"id":"mag:596148088","doi":null,"is_oa":false,"landing_page_url":"https://papyrus.bib.umontreal.ca/xmlui/bitstream/1866/4798/1/Loranger_Macerata%20Conference.pdf","pdf_url":null,"source":{"id":"https://openalex.org/S4306505453","display_name":"Cahier de recherche","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Cahier de recherche","raw_type":null}],"best_oa_location":{"id":"pmh:oai:papyrus.bib.umontreal.ca:1866/4798","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/1866/4798","pdf_url":"http://hdl.handle.net/1866/4798","source":{"id":"https://openalex.org/S4306402422","display_name":"Papyrus : Institutional Repository (Universit\u00e9 de Montr\u00e9al)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I70931966","host_organization_name":"Universit\u00e9 de Montr\u00e9al","host_organization_lineage":["https://openalex.org/I70931966"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"journal article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W596148088.pdf","grobid_xml":"https://content.openalex.org/works/W596148088.grobid-xml"},"referenced_works_count":16,"referenced_works":["https://openalex.org/W589611031","https://openalex.org/W1479997610","https://openalex.org/W1502607057","https://openalex.org/W1866294902","https://openalex.org/W1900229973","https://openalex.org/W1966618531","https://openalex.org/W2019562442","https://openalex.org/W2082029582","https://openalex.org/W2104428939","https://openalex.org/W2107544637","https://openalex.org/W2155610169","https://openalex.org/W2155898562","https://openalex.org/W2166279888","https://openalex.org/W2332918862","https://openalex.org/W2485792906","https://openalex.org/W4233022819"],"related_works":["https://openalex.org/W3122090139","https://openalex.org/W3125068709","https://openalex.org/W7212116977","https://openalex.org/W1531740381","https://openalex.org/W7081623667","https://openalex.org/W7165083970","https://openalex.org/W3123442624","https://openalex.org/W2903940349","https://openalex.org/W2365651371","https://openalex.org/W4233785509"],"abstract_inverted_index":{"The":[0,32,132],"aim":[1],"of":[2,10,18,38,60,63,111,122,140,154,163,174,187,208,229,259,264,271,274],"this":[3],"paper":[4,126],"is":[5,41,77,97,100,127,167,212,218,247,250,276],"to":[6,79,84,93,220,253,287],"discuss":[7],"the":[8,11,16,27,36,61,81,109,120,136,144,148,157,160,164,178,185,191,196,204,209,230,243,257,262,265,269,272,280,288,291,298,303],"crisis":[9,211],"international":[12,28,145,192],"financial":[13,210],"system":[14],"and":[15,53,138,147,184,198,214,261,294,302],"necessity":[17],"reforming":[19,190],"it":[20,71,76],"by":[21,169,279,297],"new":[22,172],"anchor":[23],"or":[24,114],"benchmark":[25],"for":[26,34,143,150],"currency,":[29],"a":[30,39,42,54,141,151,181,251],"money-commodity.":[31],"need":[33],"understanding":[35],"definition":[37,137],"num\u00e9raire":[40,142],"first":[43,133],"necessity.":[44],"Although":[45],"most":[46,205],"economists":[47],"reject":[48],"any":[49],"connection":[50],"between":[51,256],"money":[52,66,96,113,116],"particular":[55],"commodity":[56,123],"(gold)":[57],"\u2013":[58,70],"because":[59],"existence":[62,121],"legal":[64],"tender":[65],"in":[67,91,129,189],"every":[68],"country":[69],"will":[72,104],"be":[73,106],"shown":[74,107],"that":[75,95,108,248],"equivalent":[78],"reduce":[80],"real":[82],"space":[83],"an":[85,215],"abstract":[86],"number":[87],"(usually":[88],"assumed":[89],"1)":[90],"order":[92],"postulate":[94],"neutral.":[98],"This":[99,125],"sheer":[101],"nonsense.":[102],"It":[103],"also":[105],"concept":[110],"fiat":[112],"state":[115],"does":[117],"not":[118],"preclude":[119],"money.":[124],"divided":[128],"four":[130],"sections.":[131],"section":[134],"analyses":[135],"meaning":[139],"currency":[146],"justification":[149],"variable":[152],"standard":[153],"value.":[155],"In":[156,195],"second":[158],"section,":[159],"market":[161],"value":[162,263],"US":[165,266,289],"dollar":[166,179],"analysed":[168],"looking":[170],"at":[171],"forms":[173],"value-the":[175],"derivative":[176],"products-":[177],"as":[180],"safe":[182],"haven,":[183],"role":[186],"SDRs":[188],"monetary":[193],"system.":[194],"third":[197],"fourth":[199],"sections,":[200],"empirical":[201],"evidence":[202],"concerning":[203],"recent":[206],"period":[207],"presented":[213],"econometric":[216,245],"model":[217,231],"specified":[219],"fit":[221],"those":[222],"data.":[223],"After":[224],"estimating":[225],"many":[226],"different":[227],"specifications":[228],"\u2013linear":[232],"stepwise":[233],"regression,":[234],"simultaneous":[235],"regression":[236],"with":[237,285],"GMM":[238],"estimator,":[239],"error":[240],"correction":[241],"model-":[242],"main":[244],"result":[246],"there":[249],"one":[252,254],"correspondence":[255],"price":[258,273],"gold":[260,275],"dollar.":[267],"Indeed,":[268],"variance":[270],"mainly":[277],"explained":[278],"Euro":[281],"exchange":[282],"rate":[283,293],"defined":[284],"respect":[286],"dollar,":[290],"inflation":[292],"negatively":[295],"influenced":[296],"Dow":[299],"Jones":[300],"index":[301],"interest":[304],"rate.":[305]},"counts_by_year":[],"updated_date":"2026-11-11T12:16:26.678958","created_date":"2016-06-24T00:00:00"}
