Originally published in 1994. This work investigates seasonal
fluctuations of US and British short term nominal interest rates,
the dollar-sterling exchange rate and short term interest rate
differentials between the US and Britain during the period
1883-1913. It finds that during the pre-World War Gold Standard
seasonal movements in exchange rates did not tend to offset the
seasonal fluctuations in interest rate differentials. It presents a
model to explain the fluctuations and outlines two specific
empirical investigations, considering the results in the light of
more recent historical periods as well.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!