Date: 1991
Type: Book
Exchange Rate Management: Theory and evidence: The UK experience
Basingstoke, Palgrave Macmillan, 1991
PILBEAM, Keith, Exchange Rate Management: Theory and evidence: The UK experience, Basingstoke, Palgrave Macmillan, 1991
- https://hdl.handle.net/1814/24394
Retrieved from Cadmus, EUI Research Repository
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.
Cadmus permanent link: https://hdl.handle.net/1814/24394
ISBN: 0333531086; 9780333531082
Publisher: Palgrave Macmillan
Initial version: http://hdl.handle.net/1814/5041
Version: Published version of EUI PhD thesis, 1988