Karlheinz Muhr Library

Authors Catalog Taxonomy Timeline Insights Search

Karlheinz Muhr Library

A research portal for Austrian Economics. Explore 150 years of economic thought through an AI-powered library agent.

Explore

Authors
Catalog
Taxonomy
Timeline
Insights
Search

Research

Ask the Librarian
Sign In

513 books · 17,053 segments · 384 taxonomy tags

Built for Austrian Economics research

International Payments Debts and Gold

1964

[Front Matter and Publication Details]: Title page, copyright information, and publication details for Fritz Machlup's 'International Payments, Debts, and Gold', published in 1964...

Fritz Machlup Balance of Payments Devaluation Gold Reserves Gottfried Haberler Monetary Reform Capital Movements Exchange Rates Liquidity Reparations Equilibrium Methodology Friedrich A. Hayek Jacob Viner John Maynard Keynes Elasticity of Demand Protectionism Inflation Purchasing Power Gold Standard Velocity of Circulation Credit Expansion expectations Interest Rates Price Theory Supply and Demand Income Distribution Terms of Trade Mathematical Economics International Monetary Fund Exchange Control Economic Policy John Hicks Monetary Policy Value Judgments Economic History Robert Triffin International Liquidity Depreciation Real Income Money Supply Joan Robinson Productivity Resource Allocation Speculation Central Banking Federal Reserve Jacques Rueff Bimetallism Gresham's Law Effective Demand Open Market Operations Monetary Theory Deflation Hoarding Monetary Stability Milton Friedman Hjalmar Schacht Economic Development David Ricardo National Income Capital Flight

Table of Contents · 78 segments

1

Front Matter and Publication Detailsfront_matter

2

Acknowledgments and Prefacepreface

3

Table of Contents and Lists of Illustrationstable_of_contents

4

Part One Introduction: Foreign Exchange and Balance of Paymentsintroduction

5

Chapter VII: The Mysterious Numbers Game of Balance-of-Payments Statistics - Introduction and Section Atheoretical

6

Section B: Elasticities in Commodity Tradetheoretical

7

Section C: Capital Movements, Unilateral Transfers, and Payments for Servicestheoretical

8

Section D: Gold Movements, Gold Standard, and Pegged Exchange Ratestheoretical

9

Section E: Exchange Speculation and Interest Ratestheoretical

10

Misunderstandings in the Theory of Foreign Exchangestheoretical

11

Elasticity Pessimism in International Trade: Overestimation of Required Elasticitiestheoretical

12

Underestimation of Actual Elasticities in Statistical Researchtheoretical

13

Three Concepts of the Balance of Payments: Market, Programme, and Accountingtheoretical

14

The Impossibility of Using Accounting Balances as Market Indicatorstheoretical

15

Critique of Compensatory Official Financing and Program Balancestheoretical

16

Conclusions on the Three Concepts of Balance of Paymentstheoretical

17

Dollar Shortage and Disparities in the Growth of Productivityessay

18

The Role of Equilibrium in Economic Analysisessay

19

Comments on the Balance of Payments: Mechanism and Disciplinetheoretical

20

The Mysterious Numbers Game of Balance-of-Payments Statisticsessay

21

Statistical Methods and the IMF's Shift in Balance Reportingtheoretical

22

Juggling the Items Between Balance and Offsetstheoretical

23

Classification Challenges and the Promotion of Errors and Omissionstheoretical

24

Distinctions Without Much Difference: The Peter and Paul Casetheoretical

25

Modern Presentations and the Debate on Autonomous vs. Compensatory Transactionstheoretical

26

The Sense of It All: Re-evaluating the Purpose of Balance-of-Payments Accountingtheoretical

27

Part Two: The Effects of Devaluation - Introduction and Previewtheoretical

28

Chapter IX: The Terms-of-Trade Effects of Devaluation upon Real Income and the Balance of Trade - Introductionchapter

29

Chapter VIII: Relative Prices and Aggregate Spending in the Analysis of Devaluationessay

30

Chapter IX: The Terms-of-Trade Effects of Devaluation Upon Real Income and the Balance of Tradeessay

31

Geometric Analysis of Output Gains and Terms-of-Trade Lossestheoretical

32

Balance of Trade and Resource Reallocation Benefitstheoretical

33

The Dynamics of Exchange Reserves and Resource Allocationtheoretical

34

Conceptual Distinctions: Real Output, Intake, and Incometheoretical

35

Primary and Secondary Burdens of Devaluationtheoretical

36

Income Propensities and Spending Behaviortheoretical

37

Appendix: Numerical Tests of Terms-of-Trade Effectstheoretical

38

Part Three: Gold and Foreign Reserves - Introduction and Previewchapter

39

Chapter XIII: Further Reflections on the Demand for Foreign Reserveschapter

40

Chapter XI: A Proposal to Reduce the Price of Goldchapter

41

Chapter XII: The Fuzzy Concepts of Liquidity, International and Domesticchapter

42

Chapter XIII: Further Reflections on the Demand for Foreign Reserves (Continued)chapter

43

Chapter XIII (Conclusion) and Part Four Introductionchapter

44

Preview and Major Themes of International Monetary Reformchapter

45

Earlier Version and Record of Changes for Chapter XIVtheoretical

46

Plans for Reform of the International Monetary System: Introduction and The Present Systemchapter

47

Statistical Analysis of World Reserves (1949-1962)theoretical

48

Reserve Composition and IMF Operational Mechanicstheoretical

49

Charges Against the Present System: Payments, Adequacy, and Fragilitytheoretical

50

Extension of the Gold-Exchange Standardtheoretical

51

The Roosa Plan and Multiple-Currency Reservestheoretical

52

The Lutz Plan and the Risks of Multiple Reserve Currenciestheoretical

53

The Posthuma and Bernstein Plans: Standardizing Reserve Compositiontheoretical

54

Mutual Assistance Among Central Bankstheoretical

55

Theoretical Justification for Compensating Hot-Money Movementstheoretical

56

Centralization of Monetary Reserves: The Keynes and Triffin Planstheoretical

57

Mechanisms of the Keynes Plan and International Credit Marketstheoretical

58

The Triffin Plan: Active Reserve Creation and Open-Market Policytheoretical

59

The Stamp Plan and Development Aid as Reserve Creationtheoretical

60

Variants of Centralization: Day, Angell, and Harrod Planstheoretical

61

The Maudling and Bernstein Plans: Transitioning to Centralized Reservestheoretical

62

Comparative Analysis: Credit Transfer vs. Credit Creationtheoretical

63

Increasing the Price of Gold: Theory and Revaluation Effectstheoretical

64

The Case for Gold: Rueff, Heilperin, and the Abolition of the Gold-Exchange Standardtheoretical

65

Gold Speculation and the Machlup Plan for Price Reductionstheoretical

66

Alternative Gold Proposals: Hahn, Dahlberg, and Gradual Appreciationtheoretical

67

Freely Flexible Exchange Ratestheoretical

68

Concluding Remarks on International Monetary Reformtheoretical

69

Part Five: Capital Movements and the Transfer Problem - Introduction and Previewessay

70

Chapter XIX and XX Previews and Major Themesessay

71

Earlier Versions and Record of Changes (Chapters XV-XIX)bibliography

72

Chapter XX: Capital Movements and Trade Balance - Introduction and Historical Variationschapter

73

Chapter XVI: Foreign Debts, Reparations, and the Transfer Problemessay

74

Chapter XVII: Transfer and Price Effectsessay

75

Chapter XVIII: The Transfer Problem: Income Effects and Price Effectstheoretical

76

Chapter XIX: The Transfer Problem Revisitedessay

77

Chapter XX: Capital Movements and Trade Balance (Theoretical Analysis)theoretical

78

Indexbibliography