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Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century by Michael Bordo

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9780226051482
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Description

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.

About the Author
Michael D. Bordo is professor of economics at Rutgers, the State University of New Jersey, and a research associate of the NBER. Owen F. Humpage is a senior economic advisor in the Research Department of the Federal Reserve Bank of Cleveland. Anna J. Schwartz (1915-2012) was a research associate of the NBER.


Book Information
ISBN 9780226051482
Author Michael D. Bordo
Format Hardback
Page Count 496
Imprint University of Chicago Press
Publisher The University of Chicago Press
Weight(grams) 737g
Dimensions(mm) 24mm * 16mm * 3mm

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