The Historical Origins of U.S. Exchange Market Intervention Policy
NBER Working Paper No. 12662
---- Acknowledgments ----
Paper prepared for the Conference "Exchange Rate Intervention: Theory and Evidence" Cambridge University, September 7-8, 2006. This article is based on research underlying a forthcoming monograph on U.S. Exchange Market Intervention by the authors. For helpful comments on an earlier draft of this paper we thank Paul DeGrauwe and Charles Goodhart. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.