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Seasonal Movements of Exchange Rates and Interest Rates Under the Pre-World War I Gold Standard

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Gebonden, 242 blz. | Engels
Taylor & Francis | 1e druk, 2017
ISBN13: 9781138743908
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Taylor & Francis 1e druk, 2017 9781138743908
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Originally published in 1994. This work investigates seasonal fluctuations of US and British short term nominal interest rates, the dollar-sterling exchange rate and short term interest rate differentials between the US and Britain during the period 1883-1913. It finds that during the pre-World War Gold Standard seasonal movements in exchange rates did not tend to offset the seasonal fluctuations in interest rate differentials. It presents a model to explain the fluctuations and outlines two specific empirical investigations, considering the results in the light of more recent historical periods as well.

Specificaties

ISBN13:9781138743908
Taal:Engels
Bindwijze:Gebonden
Aantal pagina's:242
Druk:1

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        Seasonal Movements of Exchange Rates and Interest Rates Under the Pre-World War I Gold Standard