| Description | Includes: G E Wood note - Short -run Balance of Payments Policy Choices; O Page - The Sterling Float; Forward Intervention; HM Treasury note by A H Lovell - Effective Depreciation and Impact on Domestic Prices with Bank comment; Bank note - Responsiveness of capital flows to interest rate changes by P A Bull; further note by Bull on Interest rates and capital flows; copies of papers on UK Investment Currency Premium by P K Woolley; note and draft response to Woolley Charles Goodhart; HMT paper - Exchange Rate Changes and the Effect on Import Prices by A H Lovell file includes Bank comments; P H Kent and W A Allen notes on Wolley paper; M Beenstock note - The Short Run FEP file includes Bank comment; P K Woolley paper on Portfolio Theory and The United Kingdom Investment Currency Premium; W A Allen note on W H L Day's PhD Thesis- Destablilising capital flows; Miller/Allen/Bull note and Marcus H Miller/W A Allen paper, both entitled The stability of the Floating Exchange Rate; Bank note - External capital transactions and the supplementary scheme for credit control; letter from K Pakenham to Charles Goodhart on interest rates and euro-sterling rates (P Bull response to Pakenham also in file) - there are also a number of notes on Euro-Sterling in the file; [HMT] paper on The determination of the term structure of forward rates; Bank note - Higher import prices, inflation and the balance of payments; W A Allen note - Monetary Policy and Flexible Exchange Rates; P Bull and W A Allen paper - Long-term capital flows - file included further material on this; W A Allen note - Long-term capital flows; W A Allen - A Note on Euro-Sterling with response from L D D P; [HMT] comment on Euro-Sterling note; A R L [Latter] note on Effective exchange rates; G E Wood note on Effective Exchange Rates and the Capital Account; A Note on Interest Parity; G E Wood note - Spot or Forward Intervention. |