On the Adequacy or Inadequacy of Keynesian Balance-of-Payments Theory: A Rejoinder
收藏NBER1982-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1032
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This note again refutes Kuska's proposition that equality between the demand for and supply of money ("money market equilibrium") implies equilibriumin the balance of payments.Indeed, under a regime of fixed exchange rates it is precisely the balance of payments deficit or surplus that equilibrates
提供机构：
美国国家经济研究局
创建时间：
1982-11-01
