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The Balance of Payments in a Monetary Economy
John F. Kyle
€ 92.69
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Description for The Balance of Payments in a Monetary Economy
Hardback. Series: Irving Fisher Award Series. Num Pages: 210 pages, black & white illustrations. BIC Classification: KCBM; KCLT. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 235 x 155 x 13. Weight in Grams: 457.
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 ... Read more
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 ... Read more
Product Details
Format
Hardback
Publication date
2017
Publisher
Princeton University Press United States
Number of pages
210
Condition
New
Series
Irving Fisher Award Series
Number of Pages
210
Place of Publication
New Jersey, United States
ISBN
9780691644141
SKU
V9780691644141
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
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