Elusive Stability: Essays in the History of International Finance, 1919–1939 (Studies in Macroeconomic History) - Softcover

9780521448475: Elusive Stability: Essays in the History of International Finance, 1919–1939 (Studies in Macroeconomic History)
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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 interwar experience from a long-run perspective.

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Book Description:
Eleven essays are concerned with the role of exchange rates in macroeconomic fluctuations from the American and European perspective in a new interpretation of the international monetary system during the interwar years.
Review:
"This elegant and useful book belongs on the shelf of all serious students of twentieth-century monetary and financial history." Journal of Interdisciplinary History

"This book is well written.... No other modern work covers this subject. A student with some knowledge of international finance could follow the argument even without the mathematical and statistical background required to evaluate the models that summarize the basic argument of each chapter." M. Perelman, California State University, Chico, in Choice

"...new, impressive, and illuminating collection of essays from Professor Eichengreen...His method of argument is rigorous and detached; and the algebra is happily not allowed to overwhelm the sense." Douglas Jay, Financial Times

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  • PublisherCambridge University Press
  • Publication date1993
  • ISBN 10 0521448476
  • ISBN 13 9780521448475
  • BindingPaperback
  • Number of pages348

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