Rulers of the Game: Central Bank Independence During the Interwar Years

DSpace/Manakin Repository

Rulers of the Game: Central Bank Independence During the Interwar Years

Citable link to this page

. . . . . .

Title: Rulers of the Game: Central Bank Independence During the Interwar Years
Author: Simmons, Beth
Citation: Simmons, Beth A. 1996. Rulers of the game: central bank independence during the interwar years. International Organization 50, no. 3: 407-443.
Full Text & Related Files:
Abstract: The recent experience of the European Monetary System has once again brought the problem of international monetary instability to scholars’ and policymakers’ attention. In 1992, German interest rate hikes meant to address growing inflationary pressures within Germany sparked speculation against the pound and lira that eventually led England and Italy to devalue their currencies and to leave the European Monetary System’s Exchange Rate Mechanism (ERM). A year later, the fluctuation bands linking the participating currencies of Europe were widened from 2.5 percent to 15 percent, rendering the system almost as loose as floating exchange rates.
Published Version: http://dx.doi.org/10.1017/S0020818300033439
Terms of Use: This article is made available under the terms and conditions applicable to Other Posted Material, as set forth at http://nrs.harvard.edu/urn-3:HUL.InstRepos:dash.current.terms-of-use#LAA
Citable link to this page: http://nrs.harvard.edu/urn-3:HUL.InstRepos:3153316

Show full Dublin Core record

This item appears in the following Collection(s)

  • FAS Scholarly Articles [6466]
    Peer reviewed scholarly articles from the Faculty of Arts and Sciences of Harvard University
 
 

Search DASH


Advanced Search
 
 

Submitters