Balance of Payments in a Monetary Economy

Name: Balance of Payments in a Monetary Economy
Brand: Princeton University Press
SKU: 2406359
Author: John F. Kyle

John F. Kyle

Princeton University Press

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How can relative price and income approaches be reconciled with balance of payments analysis? John F. Kyle argues that a model is required which explicity includes a production sector and a complete monetary sectory. The author demonstrates the inadequacy of the traditional method of extending…

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