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

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During the twentieth century, foreign-exchange intervention was sometimes used in an attempt to solve the fundamental trilemma of international finance, which holds that countries cannot simultaneously pursue independent monetary policies, stabilise their exchange rates, and benefit from free cross-...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autores principales: Bordo, Michael D. (Autor), Humpage, Owen F. (Autor), Schwartz, Anna J. (Anna Jacobson), 1915-2012 (Autor)
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Chicago ; London : University of Chicago Press, 2015.
Colección:National Bureau of Economic Research monograph.
Temas:
1900-1999
Foreign exchange > Law and legislation > United States > History > 20th century.
Foreign exchange market > History > 20th century.
Marché des changes > Histoire > 20e siècle.
BUSINESS & ECONOMICS > Finance.
Economic policy
Foreign exchange > Law and legislation
Foreign exchange market
United States > Economic policy > 20th century.
États-Unis > Politique économique > 20e siècle.
United States
international finance, economics, currency, monetary policy, gold standard, law, legislation, history, nonfiction, stabilization fund, foreign exchange, intervention, bretton woods era, early dollar float, volcker greenspan, bank of england, financial flows, macroeconomics, business, trade, markets, inflation, growth, price stability.
Electronic book.
History
Acceso en línea:Texto completo
Descripción
Sumario:During the twentieth century, foreign-exchange intervention was sometimes used in an attempt to solve the fundamental trilemma of international finance, which holds that countries cannot simultaneously pursue independent monetary policies, stabilise their exchange rates, and benefit from free cross-border financial flows. 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.
Descripción Física:1 online resource : illustrations.
Bibliografía:Includes bibliographical references and index.
ISBN:9780226051512
022605151X
022605148X
9780226051482

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