The Responsiveness of Demand Policies to Balance of Payments: Postwar Patterns
Auteur : Michael Michaely
Date de publication : 1971
Éditeur : National Bureau of Economic Research
Nombre de pages : 299
Résumé du livre
Comparison of trends in the relationship of monetary policy and fiscal policy measures to the balance of payments position in Belgium, France, Germany, Federal Republic, Italy, Japan, the Netherlands, Sweden, the USA and the UK - concludes that monetary policy as a rule has been responsive to the indications provided by the countries' external positions, while fiscal policy has not. Diagrams, references and statistical tables.