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The Balance of Payments in a Monetary Economy / John F. Kyle.

By: Material type: TextTextSeries: Irving Fisher Award Series ; 1506Publisher: Princeton, NJ : Princeton University Press, [2015]Copyright date: ©1976Description: 1 online resource (210 p.)Content type:
Media type:
Carrier type:
ISBN:
  • 9780691616964
  • 9781400869947
Subject(s): DDC classification:
  • 382.1/7
LOC classification:
  • HG3881
Other classification:
  • online - DeGruyter
Online resources: Available additional physical forms:
  • Issued also in print.
Contents:
Frontmatter -- Introduction to the Fourth Winner of the Irving Fisher Award -- Preface -- Table of Contents -- CHAPTER 1. Approaches to the Analysis of Devaluation: A Brief Survey -- CHAPTER 2. Macroeconomic Models of Open Economies: Some Specification Problems -- CHAPTER 3. An Integrated Macroeconomic Model of an Open Economy -- CHAPTER 4. Long-Run Adjustment and the Role of Monetary and Fiscal Policies -- CHAPTER 5. Macroeconomic versus Walrasian Models of an Open Economy -- CHAPTER 6. Conclusions and Disclaimers -- References -- Index
Summary: 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.
Holdings
Item type Current library Call number URL Status Notes Barcode
eBook eBook Biblioteca "Angelicum" Pont. Univ. S.Tommaso d'Aquino Nuvola online online - DeGruyter (Browse shelf(Opens below)) Online access Not for loan (Accesso limitato) Accesso per gli utenti autorizzati / Access for authorized users (dgr)9781400869947

Frontmatter -- Introduction to the Fourth Winner of the Irving Fisher Award -- Preface -- Table of Contents -- CHAPTER 1. Approaches to the Analysis of Devaluation: A Brief Survey -- CHAPTER 2. Macroeconomic Models of Open Economies: Some Specification Problems -- CHAPTER 3. An Integrated Macroeconomic Model of an Open Economy -- CHAPTER 4. Long-Run Adjustment and the Role of Monetary and Fiscal Policies -- CHAPTER 5. Macroeconomic versus Walrasian Models of an Open Economy -- CHAPTER 6. Conclusions and Disclaimers -- References -- Index

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http://purl.org/coar/access_right/c_16ec

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.

Issued also in print.

Mode of access: Internet via World Wide Web.

In English.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021)