Zombie International Currency: The Pound Sterling 1945–1971
研究了布雷顿森林体系时期英镑的国际角色，通过新数据集测量其在欧洲和英镑区的储备作用，发现战后英镑的储备角色仅限于英镑区且是人为制造的。
This paper examines the international role of sterling during the Bretton Woods era and argues that it was not a competitor to the U.S. dollar. I construct a novel dataset to measure the reserve role of sterling in Europe and sterling area countries. The postwar reserve role of sterling was limited to the sterling area and was artificial as this area was built as a captive market. I document how British authorities imposed exchange controls, commercial threats, and economic sanctions on sterling area countries to compel them to keep their foreign exchange reserves in sterling.