The Choice of a Pivot for Parities |
From inside the book
Results 1-3 of 4
Page
... widespread imitation ) . An American application for a devaluation of x per cent would be submitted to the Fund , which would then ask all its members what parity changes they would plan to make in response to this move . If a weighted ...
... widespread imitation ) . An American application for a devaluation of x per cent would be submitted to the Fund , which would then ask all its members what parity changes they would plan to make in response to this move . If a weighted ...
Page
... widespread imitation . This , under the proposed rules , would lead to a big increase in the supply of SDRs . So long as SDRs are viewed as good substitutes for gold in official portfolios , the increased quantity of SDRS is a ...
... widespread imitation . This , under the proposed rules , would lead to a big increase in the supply of SDRs . So long as SDRs are viewed as good substitutes for gold in official portfolios , the increased quantity of SDRS is a ...
Page
... widespread imitation . This possibility has been discussed at length in the previous section and , under the criterion there proposed regarding the rate of SDR creation , the danger that other countries would follow the dollar down can ...
... widespread imitation . This possibility has been discussed at length in the previous section and , under the criterion there proposed regarding the rate of SDR creation , the danger that other countries would follow the dollar down can ...
Common terms and phrases
adjustable peg adjustment burden American deficit American policy American price performance Banca Nazionale Bürgenstock central banks Cohen cost crawling peg deficit country dollar devaluation dollar parity Economic ESSAYS IN INTERNATIONAL Euro-Dollar exchange rate exchange-rate policy fixed exchange rates Flexibility of Exchange follow the dollar Fritz Machlup gold price gold speculation gold/SDR pivot Gottfried Haberler inflation initiates the adjustment International Finance Section international liquidity International Monetary Fund International Monetary System International Money JOHN WILLIAMSON June Krause Lavoro Quarterly Review liquidity desires March Marcus Fleming maximum rate McKinnon ment monetary policy Nazionale del Lavoro nondollar currencies numeraire op.cit parity changes passive payments policy PIVOT FOR PARITIES price of gold problem proposal rate of crawl rate of SDR Reprinted from Banca reserve targets result Robert Triffin SDR creation SDR pivot seignorage Sept Sir Roy Harrod SPECIAL PAPERS stability Sterling surplus country terms of gold tion widespread imitation