Exchange Rate Management
Theory and Evidence - The U.K. Experience
Published in March 1991
Book
Hardback
250 pages
978-0-333-53108-2 (ISBN)
Description
This book provides a concise review of the modern literature on exchange rate determination focussing on the implications for the conduct of exchange rate policy. The author examines the economic justification for foreign exchange market intervention, the potential for such intervention to stabilize an economy and the distinction betweens sterilized and non sterilized intervention. The final part provides an empirical examination of UK exchange rate policy during the period 1973-89 - the motivation, nature, effectiveness and profitability of the Bank of England's intervention are analyzed.
More details
Language
English
Place of publication
Basingstoke
United Kingdom
Target group
College/higher education
Professional and scholarly
Illustrations
bibliography, index
Dimensions
Height: 222 mm
Width: 148 mm
Weight
400 gr
ISBN-13
978-0-333-53108-2 (9780333531082)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Book
01/1991
Palgrave Macmillan
€53.49
Shipment within 15-20 days
Content
The case for exchange rate management; exchange rate management and stabilization policy; instruments of exchange rate management; exchange rate management by the UK 1973-89; guidelines for exchange rate policy. Appendices: solution of the model under fixed and floating exchange rates; summary table of results; stability and rates of change; sources.