International Capital Movements and Monetary Equilibrium

International Capital Movements and Monetary Equilibrium

During the past few years, a number of articles have appeared which extend the typical neo-Keynesian employment models to an analysis of the monetary theory of international trade.' The purpose of this paper is to refine the treatment of international capital movements in this literature and to...

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Veröffentlicht in:The American economic review 1969-09, Vol.59 (4), p.472-492
1. Verfasser: Floyd, John E.
Format: Artikel
Sprache:eng
Schlagworte:
Balance of payments
Capital goods
Capital income
Capital investments
Capital mobility
Capital movement
Capital stocks
Financial portfolios
Interest rates
Money supply
Studies
Wealth
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Beschreibung
Zusammenfassung:During the past few years, a number of articles have appeared which extend the typical neo-Keynesian employment models to an analysis of the monetary theory of international trade.' The purpose of this paper is to refine the treatment of international capital movements in this literature and to point out, and attempt to correct, a number of fundamental deficiencies in it.
ISSN:0002-8282
1944-7981