Strained Relations

US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century

AvMichael D. Bordo,Owen F. Humpage

Inbunden, Engelska, 2015

Del i serien National Bureau of Economic Research Monograph

912 kr

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Beskrivning

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.

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