Studies in Banking and International Finance
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This volume is the second collection of the series of lectures, held annually at City University, London, in honour of Henry Thornton, the renowned 19th Century monetary economist. As with Monetary Economics in the 1980s (0-333-46220-3), the essays by extremely eminent contributors are wide-ranging in both subject and approach but all develop topics considered by Henry Thornton over a century ago and link historical perspectives to contemporary debates about financial institutions and monetary economics.
This volume contains the first eight lectures delivered in honour of Henry Thornton the economist, at City University, London. Seven of the lectures are by monetary economists and one is by a Governer of the Bank of England. There is a discussion of exchange rate behaviour and its implications for the international monetary system and a consideration of the changes in macroeconomics. Thornton's remarks on interest rates are developed and tested against a century of British data. Forrest Capie is also author of "Depression and Protectionism", co-author of "The Inter War Economy: A Statistical Approach" and "Monetary History of the United Kingdom", over 20 journal articles and editor of "Financial Crises and the World Banking System" with Geoffrey E.Wood. Geoffrey Wood is co-author of "The Financing Procedures of British Foreign Trade" and editor of "Monetary Targets" and "Monetarism in the United Kingdom" both with Brian Griffiths.