TY - BOOK TI - The monetary approach to international adjustment T2 - Praeger special studies SN - 003046711X AV - HG 3821 .M66 1978 PY - 1978/// CY - New York, N.Y PB - Praeger KW - Putnam, Bluford H. KW - Wilford, D. Sykes KW - Zecher, J. Richard KW - Balanza de pagos KW - Tipo de cambio N1 - Foreword / ; by J. Richard Zecher, vii -- ; Preface, ix -- ; Acknowledgments, xi -- ; List of tables, xv -- ; List of figures, xvi -- ; Part 1. Fixed exchange rates, 3 -- ; Introduction /; by Bluford H. Putnam and D. Sykes Wilford, 3 -- ; 1. The monetary approach to an open economy: the fundamental theory / ; by MichaeI ConnoIIy, 6 -- ; 2. Of money and prices: some historical perspectives / ; by Robert E. Keleher, 19 -- ; 3. A monetary view of the balance of payments / ; by DonaId S. Kemp, 49 -- ; 4. Money, income, and causality in the United States and the United Kingdom / ; by Bluford H. Putnam and D. Sykes Wilford, 71 -- ; 5. International reserve flows: seemingly unrelated regressions / ; by Bluford H. Putnam and D. Sykes Wilford, 71 -- ; 6. Some empirical evidence on an incomplete information model of the monetary approach to the balance of payments / ; by W. Michael Cox, 85 -- ; 7. Some observations on the monetary approach to balance of payments and the third world / ; by Walton T. Wilford, 98 -- ; 8. Some common misconceptions about the monetary approach to international adjustment / ; by M. A. Akhtar, 117 -- ; Part 2. Flexible exchange rates, 131 -- ; Introduction / ; by Bluford H. Putnam and D. Sykes Wilford, 131 -- ; 9. Factors determining exchange rates: a simple model and empirical tests / ; by Thomas M. Humphrey and Thomas A. Lawler, 134 -- ; 10. The monetary approach to exchange rates: its historical evolution and role in policy debates / ; by Thomas M. Humphrey, 147 -- ; 11. Monetary policy, interest rate targets, and foreign exchange markets / ; by Bluford H. Putnam, 162 -- ; 12. Currency substitution: perspective, implications, and empirical evidence / ; by Marc A. Miles, 170 -- ; 13. Currency mobility and balance of payments adjustment / ; by Russell S. Boyer, 184 -- ; 14. A currency portfolio approach to exchange rate determination: exchange rate stability and the independence of monetary policy / ; by David T. King, Bluford H. Putnam, and D. Sykes Wilford, 199 -- ; 15. The evolution of exchange rate policy / ; by Lance Girton and Don Roper, 215 -- ; 16. A monetary approach to the exchange rate in the short run / ; by Charles D. Cathcart, 229 -- ; 17. Expectations and exchange rate dynamics / ; by David T. King, 236 -- ; 18. Money illusion and its influence on international adjustment / ; by John J. Van Belle, 245 -- ; Bibliography, 251 -- ; Index, 276 --; About the editors and contributors, 280 ER -