Between the dollar-sterling gold points : exchange rates, parity and market behaviour
This book investigates US-UK monetary relations, 1791 to 1931. It presents and examines data on the exchange rate with emphasis on the institutional and legal aspects. It will serve as a Dollar-Sterling handbook for those interested in this important aspect of international monetary history.
pages cm.
9780521038218, 0521038219
124025586
List of figures; List of tables; Preface; List of symbols; 1. Introduction; Part I. Monetary Standards: 2. The various monetary standards; 3. American monetary standard; 4. British monetary standard; Part II. Exchange Rate: 5. Parity; 6. Exchange-rate data; 7. Exchange-market integration; Part III. Gold Points: 8. Gold points: theory and practice; 9. Gold-point estimates; Part IV. External and Internal Integration: 10. External integration; 11. Internal integration; Part V. Market Efficiency: 12. Theory of market efficiency; 13. Empirical testing of market efficiency; Part VI. Regime Efficiency; 14. Market forces; 15. Policy variables; 16. Net outcome; Part VII. Conclusions: 17. Summary and conclusions; Notes; References; Index.
Originally published: 1996