Autonomous and Induced Items in the Balance of Payments. In: Giersch et al, Reflections on a troubled world economy essays in honor of Herbert Giersch

Name: Autonomous and Induced Items in the Balance of Payments. In: Giersch et al, Reflections on a troubled world economy essays in honor of Herbert Giersch
Author: Fritz Machlup

1983

by Fritz Machlup

Balance of PaymentsMonetarismEquilibriumLiquidityAccountingJohn Maynard KeynesCapital MovementsGottfried HaberlerJacob VinerExchange RatesGold StandardMoney SupplyMonetary TheoryHoardingInvestmentMonetary PolicyInternational Monetary Fund

Table of Contents · 21 segments

Title, Author, and Introduction to the Balance-of-Payments Problemessay

Independent and Dependent Variables: Terminology and Methodessay

Mutual Interdependence and Causal Sequencingessay

Primary Disturbances and Stereotyped Effectsessay

The Accounting Balance: Major Accounts and Line Itemsessay

The Major Accounts and Their Economic Rationaleessay

The Zero-sum Game among the Accountsessay

Truism versus Causal Connectionessay

Causes and Effects: From Accounting to Economicsessay

Autonomous and Induced Items: Five Rival Approachesessay

Autonomy of the Current Accountessay

Autonomy of the Basic Balance or Overall Non-reserve Balanceessay

Autonomy of Long-term Capital Movementsessay

Endogenous Monetary Movements under Fixed Exchange Ratesessay

Autonomy of Monetary Movements under Managed Exchange Ratesessay

Flows and Stocks and Equilibriaessay

International Capital Movements and Stock Adjustmentessay

The Pervasive Influence of Money Stocks and Financial Assetsessay

Absence of Reserve Movements under Freely Flexible Exchange Ratesessay

Immediate, Fast, Slow, or Never: Speed of Exchange-Rate Adjustmentessay

Notes and Referencesreferences