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.
By:
Ellen Foster Imprint: Routledge Country of Publication: United Kingdom Dimensions:
Height: 234mm,
Width: 156mm,
Weight: 453g ISBN:9781138895096 ISBN 10: 1138895091 Series:Routledge Library Editions: Exchange Rate Economics Pages: 242 Publication Date:29 August 2018 Audience:
College/higher education
,
Primary
Format:Paperback Publisher's Status: Active