Strained relations : US foreign-exchange operations and monetary policy in the twentieth century

書誌事項

Strained relations : US foreign-exchange operations and monetary policy in the twentieth century

Michael D. Bordo, Owen F. Humpage, and Anna J. Schwartz

(A National Bureau of Economic Research monograph)

University of Chicago Press, 2015

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注記

Includes bibliographical references (p. 411-430) and index

内容説明・目次

内容説明

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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