Available Formats
The Balance of Payments in a Monetary Economy
By (Author) John F. Kyle
Princeton University Press
Princeton University Press
19th May 2015
United States
Tertiary Education
Non Fiction
Monetary economics
382.17
Paperback
210
Width 152mm, Height 235mm
28g
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 p