The Balance of Payments in a Monetary Economy High quality books
The Balance of Payments in a Monetary Economy
By:John F. Kyle
Published on 2015-03-08 by Princeton University Press
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 macroeconomic models to deal with trade problems and proceeds to develop a properly specified open economy model adequate to the task. After extending the model to look at additional issues, he relates the principal results obtained in a macroeconomic setting to those produced using a Hahn-type monetary approach. The Hahn model is extended to incorporate an alternative financial asset and to allow for unemployment in the economy. His theory of the balance of payments takes into account both important monetary and aggregate demand features of macroeconomics and the relative prices and interdependencies of general equilibrium theory. Originally published in 1976. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
This Book was ranked at 12 by Google Books for keyword Liquidity preference.
Book ID of The Balance of Payments in a Monetary Economy's Books is 0oN9BgAAQBAJ, Book which was written byJohn F. Kylehave ETAG "6dOWM4srVLM"
Book which was published by Princeton University Press since 2015-03-08 have ISBNs, ISBN 13 Code is 9781400869947 and ISBN 10 Code is 1400869943
Reading Mode in Text Status is false and Reading Mode in Image Status is true
Book which have "210 Pages" is Printed at BOOK under CategoryBusiness and Economics
This Book was rated by Raters and have average rate at ""
This eBook Maturity (Adult Book) status is NOT_MATURE
Book was written in en
eBook Version Availability Status at PDF is true and in ePub is false
Book Preview
Comments
Post a Comment