Foreign-Exchange Trading Volume and Federal Reserve Intervention

2001 ◽  
Vol 21 (9) ◽  
pp. 851-860 ◽  
Author(s):  
Alain Chaboud ◽  
Blake LeBaron
2011 ◽  
Author(s):  
Michael D. Bordo ◽  
Owen Humpage ◽  
Anna J. Schwartz

1987 ◽  
Vol 47 (3) ◽  
pp. 739-755 ◽  
Author(s):  
Barrie A. Wigmore

International, rather than domestic, causes of both the Bank Holiday of 1933 and the calm in the banking system that followed are emphasized here. New information on gold losses by the New York Federal Reserve, rather than domestic currency hoarding, serve to explain the Bank Holiday's specific timing. Expectations that Roosevelt would devalue the dollar stimulated much of the gold loss. I also argue that Roosevelt's restrictions on gold holdings and foreign exchange dealings and his devaluation of the dollar by 60 percent were more important to the stability of the banking system after the Bank Holiday than was deposit insurance.


2015 ◽  
Vol 197 ◽  
pp. 245-254 ◽  
Author(s):  
Rok Pintar ◽  
Eva Jereb ◽  
Goran Vukovic ◽  
Marko Urh

Sign in / Sign up

Export Citation Format

Share Document