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Showing 1 to 2 of 2 for “"Sterling devaluation"”.

  1. The use of implied methodologies in mathematical finance

    … order to predict the macroeconomic event of the sterling pound's exit from the ERM in 1992. Market evidence presented, indicate that the market was indeed expecting a sterling devaluation a few days prior to the exit. Furthermore, the two component lognormal mixtures distribution is proven to be …

    city-london Repository record for The use of implied methodologies in mathematical finance (opens in a new tab)

  2. Sterling and the Stability of the International Monetary System, 1944-1971

    This dissertation studies the role of sterling during the Bretton Woods period (1944-1971). The Bretton Woods system has often been described as a dollar system with sterling having lost its relevance as reserve currency. However, despite being a secondary reserve currency and having lost …

    cambridge Repository record for Sterling and the Stability of the International Monetary System, 1944-1971 (opens in a new tab)