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When did the dollar overtake sterling as the leading international currency? Evidence from the bond markets

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NBER2012-05-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w18097
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This paper offers new evidence on the emergence of the dollar as the leading international currency, focusing on its role as currency of denomination in global bond markets. We show that the dollar overtook sterling much earlier than commonly supposed, as early as in 1929. Financial market
提供机构:
美国国家经济研究局
创建时间:
2012-05-01
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