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International Transmission Afloat

Money, History and International Finance, 1987

46 Pages Posted: 8 Nov 2004  

James R. Lothian

Gabelli School of Business, Fordham University; National Bureau of Economic Research (NBER)

Michael R. Darby

University of California, Los Angeles (UCLA) - Global Economics and Management (GEM) Area; National Bureau of Economic Research (NBER)

Abstract

Almost eleven years ago to the day, Anna Schwartz and we began a detailed study of inflation under the Bretton Woods System and in the year that immediately followed its breakdown. At the time, the consensus view among economists and in a sizeable portion of the financial community was that floating exchange rates, though perhaps not a panacea, certainly were to be welcomed rather than avoided.

Suggested Citation

Lothian, James R. and Darby, Michael R., International Transmission Afloat. Money, History and International Finance, 1987. Available at SSRN: https://ssrn.com/abstract=614061

James R. Lothian (Contact Author)

Gabelli School of Business, Fordham University ( email )

113 West 60th Street
New York, NY 10023
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National Bureau of Economic Research (NBER)

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Michael R. Darby

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

University of California, Los Angeles (UCLA) - Global Economics and Management (GEM) Area ( email )

110 Westwood Plaza
Box 951481
Los Angeles, CA 90095-1481
United States
310-825-4180 (Phone)
310-454-2748 (Fax)

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