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

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:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • On the evolution of U.S. foreign-exchange-market intervention : thesis, theory, and institutions
  • Exchange market policy in the United States : antecedents and precedents
  • Introducing the exchange stabilization fund, 1934-1961
  • U.S. intervention during the Bretton Woods era, 1962-1973
  • U.S. intervention and the early dollar float, 1973-1981
  • U.S. foreign-exchange-market intervention during the Volcker-Greenspan era, 1981-1997
  • Lessons from the evolution of U.S. monetary and intervention policies
  • Epilogue : foreign-exchange-market operations in the twenty-first century.