Integration in the American Foreign-Exchange Market, 1791–1900
Bibliographic Data
| ID | 10100909 |
|---|---|
| Authors | Lawrence H Officer (Michigan State University, corresponding author) |
| Year | 1985 |
| Volume | 45 |
| Issue | 3 |
| Pages | 557-585 |
| Publication date | 1985-09-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic History (JOURNAL) |
| Journal identifiers | ISSN: 0022-0507 • E-ISSN: 1471-6372 |
| Publisher | Cambridge University Press (CUP) (PUBLISHER) |
| DOI | 10.1017/s0022050700034501 |
| OpenAlex | W2104870595 |
| Language | EN |
| Citations received | 4 |
| References cited | 19 |
Integration in the American foreign-exchange market under the nineteenthcentury specie standard is examined using a newly developed series of the dollar- sterling exchange rate and estimates of specie-point spreads. A distinction is made between internal and external integration. The latter is much more important over the entire 1791 to 1900 time span, but by 1881–1900 the market is tightly integrated in both senses. The long-term trend of improved integration is interrupted only by wartime
Economics · Exchange rate · Foreign exchange · Foreign exchange market · International economics · Liberian dollar · Macroeconomics · Market integration · Monetary economics · Point (geometry · Us dollar · Finance · Global Financial Crisis and Policies · Market Dynamics and Volatility · Mathematics · Monetary Policy and Economic Impact
Business and Financial Conditions Following the Civil War in the United States
Trends in the American Economy in the Nineteenth Century
Economic Aspects of the Second Bank of the United States
Economic Aspects of the Second Bank of the United States
Violations of the Gold Points, 1890-1908
Dollar-Sterling Mint Parity and Exchange Rates, 1791–1834
Trends in the American Economy in the Nineteenth Century
Foreign Interest Rates in American Financial Markets
Money and Currency
A History of Currency in the United States
Bank of England Operations, 1890-1914
International Gold Movements
The Currency Problem and the Present Financial Situation
A Monetary History of the United States, 1867-1960
A Dollar-sterling Exchange, 1803-1895
Fluctuations in American Business, 1790-1860
| Unique citing works | 4 |
|---|---|
| Citations per year | 0,1 |
| Citation span | 1987 - 2004 (18) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 3 |