Cyclical Movements in the Balance of Payments

Cyclical Movements in the Balance of Payments PDF

Author: Tse Chun Chang

Publisher: Cambridge University Press

Published: 2011-06-30

Total Pages: 253

ISBN-13: 1107615224

DOWNLOAD EBOOK →

This is a 1951 statistical survey of the balance of payments data of different types of country in the period 1924-38, to show the pattern of cyclical behaviour particular to each type of country, and to suggest a possible explanation for the general nature of the equilibrating process in the balance of payments.

A Study in Trade-Cycle History

A Study in Trade-Cycle History PDF

Author: R. C. O. Matthews

Publisher: Cambridge University Press

Published: 2011-06-16

Total Pages: 245

ISBN-13: 1107600111

DOWNLOAD EBOOK →

This 1954 volume describes and analyses the course of short-period fluctuations in the British economy between 1833 and 1842.

When and How to Adjust Beyond the Business Cycle? A Guide to Structural Fiscal Balances

When and How to Adjust Beyond the Business Cycle? A Guide to Structural Fiscal Balances PDF

Author: Fabian Bornhorst

Publisher: International Monetary Fund

Published: 2011-04-11

Total Pages: 39

ISBN-13: 1475510209

DOWNLOAD EBOOK →

Technical Notes and Manuals are produced by IMF departments to expand the dissemination of their technical assistance advice. These papers present general advice and guidance, drawn in part from unpublished technical assistance reports, to a broader audience. This new series was launched in August 2009.

IMF Staff papers

IMF Staff papers PDF

Author: International Monetary Fund. Research Dept.

Publisher: International Monetary Fund

Published: 1959-01-01

Total Pages: 169

ISBN-13: 1451949669

DOWNLOAD EBOOK →

This paper describes the connection between the need for financial statistics as an aid to monetary and financial policy. The essential unifying element between statistics and policy is, of course, theory—a coherent set of assumptions regarding the behavior of the economy. These assumptions will indicate how the economy is expected to respond to changes of particular variables on which policy action concentrates. The accounts of the money and banking and financial system can provide a large part of the required financing statistics in a highly reliable form. In all economies a large part of borrowing and lending is indirect. Among the financial institutions, the banking system stands out, not merely because of its relative magnitude but because of its ability to create its own liabilities. Both banks and life insurance companies grant credit; that is not where the difference lies. A simple model of the economy can be built on the basis of injections of income that can be observed from available statistics.

A Retrospective on the Classical Gold Standard, 1821-1931

A Retrospective on the Classical Gold Standard, 1821-1931 PDF

Author: Michael D. Bordo

Publisher: University of Chicago Press

Published: 2009-02-15

Total Pages: 694

ISBN-13: 0226066924

DOWNLOAD EBOOK →

This is a timely review of the gold standard covering the 110 years of its operation until 1931, when Britain abandoned it in the midst of the Depression. Current dissatisfaction with floating rates of exchange has spurred interest in a return to a commodity standard. The studies in this volume were designed to gain a better understanding of the historical gold standard, but they also throw light on the question of whether restoring it today could help cure inflation, high interest rates, and low productivity growth. The volume includes a review of the literature on the classical gold standard; studies the experience with gold in England, Germany, Italy, Sweden, and Canada; and perspectives on international linkages and the stability of price-level trends under the gold standard. The articles and commentaries reflect strong, conflicting views among hte participants on issues of central bank behavior, purchasing-power an interest-rate parity, independent monetary policies, economic growth, the "Atlantic economy," and trends in commodity prices and long-term interest rates. This is a thoughtful and provocative book.

Cross of Gold

Cross of Gold PDF

Author: Georg Rich

Publisher: McGill-Queen's Press - MQUP

Published: 1988-01-15

Total Pages: 306

ISBN-13: 0773584110

DOWNLOAD EBOOK →

An intriguing view of the Canadian economy before WWI, this study fills a gap in the existing literature on the economic history of Canada. Using improved monetary statistics, the author explains how the business cycle worked under the gold standard, and takes an in-depth look at the roles the banks, the government and the public played in relation to Canada's balance of payments and the gold stock.