The rise and fall of the dollar, or when did the dollar replace sterling as the leading international currency? /
We present new evidence on the currency composition of foreign exchange reserves in the 1920s and 1930s. Contrary to the presumption that the pound sterling continued to dominate the U.S. dollar in central bank reserves until after World War II, we show that the dollar first overtook sterling in the...
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Format: | Book |
Language: | English |
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Cambridge, MA :
National Bureau of Economic Research,
c2008
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Series: | Working paper series (National Bureau of Economic Research) ;
working paper no. 14154 |
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Internet
This item is not available through BorrowDirect. Please contact your institution’s interlibrary loan office for further assistance.Massachusetts Institute of Technology
Call Number: |
H11.N27534 no.14154 |
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