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Exchange‐Rate Policy and Macroeconomic Performance: A Comparison of French and Italian Experience Between the Wars

Jean‐Charles Asselain and Alain Plessis

in Banking, Currency, and Finance in Europe Between the Wars

Published in print:
1995
Published Online:
November 2003
ISBN:
9780198288039
eISBN:
9780191596230
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198288034.003.0007
Subject:
Economics and Finance, Macro- and Monetary Economics, Economic History

France and Italy both stabilized their currencies relatively late. Although the French franc was initially undervalued and the lira overvalued, there were significant similarities in subsequent ... More


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