Seasonal Movements of Exchange Rates and Interest Rates Under the Pre-World War I Gold Standard Paperback / softback
Part of the Routledge Library Editions: Exchange Rate Economics series
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.
- Format: Paperback / softback
- Pages: 238 pages
- Publisher: Taylor & Francis Ltd
- Publication Date: 29/08/2018
- Category: Monetary economics
- ISBN: 9781138895096