Elusive Stability

23 February 1990

book
Published by Cambridge University Press (CUP)

https://doi.org/10.1017/cbo9780511664397

Abstract

This volume provides a new interpretation of the operation and macroeconomic repercussions of the international monetary system during the interwar years. Each of the eleven essays is explicitly concerned with the role of exchange rates in macroeconomic fluctuations from the American and European perspective. The final essay examines the interwar experience from a long-term perspective.

Keywords

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