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The Monetary Dynamics of International Adjustment under Fixed and Flexible Exchange Rates

Robert A. Mundell

Johns Hopkins University

Quarterly Journal of Economics 1960

I. Introduction, 227. — II. The static system, 229. — III. The dynamic systems, 233. — IV. The crucial role of capital movements, 237. — V. Foreign exchange reserves, 242. — VI. Speculation, 246. — VII. Concluding remarks, 249. — Appendix, 251.

DOI
10.2307/1884252
Volume
74 (2)
Pages
227
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