Inflation, Exchange Rates, and the World Economy: Lectures on International Monetary Economics |
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Contents
Introduction | 1 |
A Model of BalanceofPayments Policy | 7 |
Wage Rigidity Income Distribution and Balanceof | 22 |
Copyright | |
9 other sections not shown
Common terms and phrases
absorption actually adjustment alter approach argument assets assume assumption authorities balance of payments balance-of-payments bank borrowing bring capital cent central certainly changes chapter constant cost countries current-account curve deficit deficit countries demand desired devaluation discussion dollars domestic Economic effect excess exchange rates exchange-rate expansion expenditure exports extent external balance extra fall Finally finance fiscal fixed fixed-rate system flexible flexible-rate follows foreign foreign-exchange reserves given governments hence higher important income increase inflation rate inflationary initially internal investment issue Italy lead least less liquid look maintain means monetary monetary integration money wages movements non-tradables official oil-price rise OPEC perhaps possible prices of non-tradables problem production profits raise rate of interest real wages reason reduced relative reserves Rest result rigid sector supply surplus switching tradables traded unemployment United various whole world rate
Bibliographic information
| Title | Inflation, Exchange Rates, and the World Economy: Lectures on International Monetary Economics The William H. Abbott lectures, 1976 |
| Author | Warner Max Corden |
| Edition | illustrated, reprint |
| Publisher | Clarendon Press, 1977 |
| Original from | the University of Virginia |
| Digitized | Oct 23, 2009 |
| ISBN | 0198770960, 9780198770961 |
| Length | 160 pages |
| Export Citation | BiBTeX EndNote RefMan |