The responsiveness of demand policies to balance of payments: postwar patterns /
Michaely, Michael.
The responsiveness of demand policies to balance of payments: postwar patterns / - New York : National Bureau of Economic Research; distributed by Columbia University Press, c1971. - xviii, 299 p. :ill, - Studies in international economic relations, .
Includes index
Includes bibliographical references.
This book deals with the responsiveness of economic policy, mainly monetary and fiscal policies, to balance-of-payments developments in nine countries (Belgium, France, Germany, Italy, Japan, the Netherlands, Sweden, the United Kingdom, and
the United States) during the 1950-66 period. Earlier research done by Nurkse [6] and Bloomfield [1] investigated whether central banks had followed the so-called "rules of the game" implied by a gold-standard system. In an analysis of 26 countries
covering the 1922-38 period, Nurkse found that in about 60 percent of the cases changes in the domestic assets of central banks were compensated for by opposite movements in foreign assets. The book consists of twelve chapters and an appendix. The first three chapters are devoted to a presentation of the problem, a discussion of methodological issues,and a summary of the major empirical findings. The remaining nine chapters
specialize in the analysis of individual countries. The organization well as the presentation and evaluation of evidential material are order to facilitate inter country comparisons.
0870142216
Balance of payments.
Foreign exchange.
Economic policy.
HG3881 / .M49
382.17 / MIC
The responsiveness of demand policies to balance of payments: postwar patterns / - New York : National Bureau of Economic Research; distributed by Columbia University Press, c1971. - xviii, 299 p. :ill, - Studies in international economic relations, .
Includes index
Includes bibliographical references.
This book deals with the responsiveness of economic policy, mainly monetary and fiscal policies, to balance-of-payments developments in nine countries (Belgium, France, Germany, Italy, Japan, the Netherlands, Sweden, the United Kingdom, and
the United States) during the 1950-66 period. Earlier research done by Nurkse [6] and Bloomfield [1] investigated whether central banks had followed the so-called "rules of the game" implied by a gold-standard system. In an analysis of 26 countries
covering the 1922-38 period, Nurkse found that in about 60 percent of the cases changes in the domestic assets of central banks were compensated for by opposite movements in foreign assets. The book consists of twelve chapters and an appendix. The first three chapters are devoted to a presentation of the problem, a discussion of methodological issues,and a summary of the major empirical findings. The remaining nine chapters
specialize in the analysis of individual countries. The organization well as the presentation and evaluation of evidential material are order to facilitate inter country comparisons.
0870142216
Balance of payments.
Foreign exchange.
Economic policy.
HG3881 / .M49
382.17 / MIC