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Comment on Robert Z. Aliber’s Paper

Michael Beenstock

A chapter in Monetarism in the United Kingdom, 1984, pp 231-232 from Palgrave Macmillan

Abstract: Abstract Aliber claims that the appreciation of sterling in the late 1970s is better explained by structural phenomena to do with North Sea oil than by monetary phenomena. This may be so but there is little that one may conclude about this matter from this paper and the reader might more usefully read Eltis and Sinclair (1981).

Keywords: Exchange Rate; Monetary Policy; Monetary Growth; Structural Phenomenon; Tight Monetary Policy (search for similar items in EconPapers)
Date: 1984
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-06284-3_16

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DOI: 10.1007/978-1-349-06284-3_16

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