Abstract
In February 1973, the major industrialised countries abandoned the fixed-parity system. Exchange rates were allowed to float, although intervention by monetary authorities was not completely abandoned.
A shortened version of this chapter has been published in the European Economic Review, 12 (Feb. 1979). The empirical estimates contained in the above article cover the period Feb. 1973–Dec. 1976, while here they cover the period up to Dec. 1978.
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© 1981 Giuseppe Tullio
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Tullio, G. (1981). Fluctuations in the Exchange Rate of the Lira and Swiss Franc: 1973–8. In: The Monetary Approach to External Adjustment. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-05048-2_4
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DOI: https://doi.org/10.1007/978-1-349-05048-2_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-05050-5
Online ISBN: 978-1-349-05048-2
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