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Was Sterling Overvalued in 192s? 1

Was Sterling Overvalued in 192s? 1

The Economic History Review, 1986
Kent Matthews
Abstract
By KG P. MATTHEWS as sterling really overvalued in I925 at the prewar parity of $4.86? Such W a ques' tion besides having fairly strong ideological connotations is one that lies at the foundations of the Keynesian view of the interwar depression. The evidence for an ...

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