Strained Relations: US Foreign-Exchange Operations and Monetary Policy in the Twentieth Century (NBER-Monographs (CHUP))

by Michael Bordo, Owen F. Humpage, and Anna Jacobson Schwartz

Drawing on a trove of previously confidential data, Strained Relations reveals the evolution of US policy regarding currency market intervention, and its interaction with monetary policy. The authors consider how foreign-exchange intervention was affected by changing economic and institutional circumstances - most notably the abandonment of the international gold standard - and how political and bureaucratic factors affected this aspect of public policy.

• ISBN10: 022605148X
• ISBN13: 9780226051482
• Publish Date: 25 February 2015 (first published 1 January 2015)
• Publish Status: Active
• Publish Country: US
• Imprint: University of Chicago Press
• Format: Hardcover
• Pages: 496
• Language: English
• URL: http://wiley.com/remtitle.cgi?isbn=9780226051482