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.
| ISBN: | 9780226051482 |
| Publication date: | 25th February 2015 |
| Author: | Michael D Bordo, Owen F Humpage, Anna J Schwartz |
| Publisher: | University of Chicago Press an imprint of The University of Chicago Press |
| Format: | Hardback |
| Pagination: | 496 pages |
| Series: | NBER-Monographs |
| Genres: |
Monetary economics |