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Cover of Between the Dollar-Sterling Gold Points

Between the dollar-sterling gold points

exchange rates, parity, and market behavior

By Lawrence H. Officer

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Publish Date

1996

Publisher

Cambridge University Press

Language

eng

Pages

355

Description:

This book studies the dollar-sterling exchange rate from 1791 to 1931. Gold standards are examined from the perspective of the precise location of the exchange rate. Professor Officer begins with a historical perspective of the monetary standards of the United States and Britain, following which he develops new data on exchange rates, mint parity, and gold points. The book presents and examines new data on the exchange rate and related variables, and will serve as a dollar-sterling handbook for those interested in this important aspect of international monetary history. In its presentation of theories and results centred on the precise location of the exchange rate, the book breaks new ground in our understanding of the gold standard.