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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w14657 |
来源ID | Working Paper 14657 |
Sterling in crisis: 1964-1967 | |
Michael D. Bordo; Ronald MacDonald; Michael J. Oliver | |
发表日期 | 2009-01-15 |
出版年 | 2009 |
语种 | 英语 |
摘要 | We provide the first econometric study of foreign exchange market intervention for the UK during the sterling crises from 1964-1967. We use daily data on spot and forward dollar/sterling exchange rates and reserve movements which allows a more precise description of the loss of credibility during four currency crises. Reserve losses are consistent with exchange rate crises. External assistance given to sterling throughout this period shored up the reserves and allowed the sterling peg to be maintained. |
主题 | History ; Macroeconomic History ; Financial History |
URL | https://www.nber.org/papers/w14657 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/572331 |
推荐引用方式 GB/T 7714 | Michael D. Bordo,Ronald MacDonald,Michael J. Oliver. Sterling in crisis: 1964-1967. 2009. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w14657.pdf(162KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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