Exchange Rate Management: Theory and Evidence

Exchange Rate Management: Theory and Evidence The UK Experience

Book (31 Mar 1991)

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Publisher's Synopsis

This book provides a concise review of the modern literature on exchange rate determination focussing on the implications for the conduct of exchange rate policy. The author examines the economic justification for foreign exchange market intervention, the potential for such intervention to stabilize an economy and the distinction betweens sterilized and non sterilized intervention. The final part provides an empirical examination of UK exchange rate policy during the period 1973-89 - the motivation, nature, effectiveness and profitability of the Bank of England's intervention are analyzed.

About the Publisher

Macmillan

Macmillan

Macmillan is the hardback imprint of Pan Macmillan and publishes major British and international fiction authors as well as serious history, biography & memoir, politics, sport and current affairs. It also publishes a wide variety of annuals and series.

Book information

ISBN: 9780333531082
Publisher: Macmillan
Imprint: Macmillan
Pub date:
DEWEY: 332.45640941
DEWEY edition: 20
Language: English
Number of pages: 220
Weight: 400g
Height: 222mm
Width: 148mm