Strained Relations
US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century
Seiten
2015
University of Chicago Press (Verlag)
978-0-226-05148-2 (ISBN)
University of Chicago Press (Verlag)
978-0-226-05148-2 (ISBN)
Considers how foreign-exchange intervention was affected by changing economic and institutional circumstances - most notably the abandonment of the international gold standard - and how political and bureaucratic factors affected this aspect of public policy.
Drawing on a trove of previously confidential data, Strained Relations reveals the evolution of US policy regarding currency market intervention, and its interaction with monetary policy. The authors consider how foreign-exchange intervention was affected by changing economic and institutional circumstances - most notably the abandonment of the international gold standard - and how political and bureaucratic factors affected this aspect of public policy.
Drawing on a trove of previously confidential data, Strained Relations reveals the evolution of US policy regarding currency market intervention, and its interaction with monetary policy. The authors consider how foreign-exchange intervention was affected by changing economic and institutional circumstances - most notably the abandonment of the international gold standard - and how political and bureaucratic factors affected this aspect of public policy.
Michael D. Bordo is professor of economics at Rutgers, the State University of New Jersey, and a research associate of the NBER. Owen F. Humpage is a senior economic advisor in the Research Department of the Federal Reserve Bank of Cleveland. Anna J. Schwartz (1915-2012) was a research associate of the NBER.
Reihe/Serie | NBER-Monographs |
---|---|
Sprache | englisch |
Maße | 16 x 24 mm |
Gewicht | 737 g |
Themenwelt | Geisteswissenschaften ► Psychologie |
Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft | |
Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie | |
ISBN-10 | 0-226-05148-X / 022605148X |
ISBN-13 | 978-0-226-05148-2 / 9780226051482 |
Zustand | Neuware |
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