The Effects of Exchange Rate Adjustments: The Proceedings of a Conference Sponsored by OASIA Research, Dept. of the Treasury, April 4 and 5, 1974
Peter B. Clark, Dennis E. Logue, Richard James Sweeney
Treasury Department, Office of the Assistant Secretary for International Affairs, 1977 - Balance of payments - 436 pages
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absorption actual adjustment aggregate analysis approach assets assumed assumption average balance of payments Bank capital cause central coefficient commodity considered constant contract costs currency demand depend depreciation determined devaluation direct discussion dollar domestic Economic effects elasticities empirical employment equal equation equilibrium estimates example exchange rate exchange-rate changes expected export prices expressed factors firms flows foreign Germany given groups holdings impact imports improvement income increase industrial inflation inflationary initial interest International investment Italy Japan less long-run manufactures measured monetary money supply output percent percentage period position pound present reduce reflect relative prices reserve response rise sector securities shift short run shows Source Statistics steel substitutes suggest Table theory trade balance U.S. imports United variables volume wage wealth weights