Between the Dollar-Sterling Gold Points

Name: Between the Dollar-Sterling Gold Points
Brand: Cambridge University Press
SKU: 9780521038218
Price: 358.73 RON
Availability: InStock

Exchange Rates, Parity and Market Behavior

Autor: Lawrence H. Officer

Limbă:

Legare: Carte broșată

Editura: Cambridge University Press

Disponibilitate: În depozitul extern

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Officer begins this book with a historical perspective of the monetary standards of the United State...

Informații despre carte

Autor

Lawrence H. Officer

Limbă

engleză

Legare

Carte - Carte broșată

Publicat

2007

Pagini

368

EAN

9780521038218

ISBN

0521038219

Enbook ID

02019623

Editura

Cambridge University Press

Greutate

551

Dimensiuni

151 x 227 x 20

Descriere completă

Officer begins this book with a historical perspective of the monetary standards of the United States and Britain. He then develops data on exchange rates, mint parity and gold points, with which he investigates three important features of Anglo-American monetary history. First, the integration of the American foreign-exchange market over time. Second, it is proved that gold-point arbitrage is markedly more efficient than either interest arbitrage or forward speculation. Third, regime efficiency is explored from standpoints of both private agents and policy-makers; the 1925–1931 gold standard, though less durable than the pre-war standard, is nevertheless shown to be surprisingly stable. The book will serve as a Dollar-Sterling handbook for those interested in this important aspect of international monetary history.

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Between the Dollar-Sterling Gold Points

Exchange Rates, Parity and Market Behavior

Informații despre carte

Descriere completă

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