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International Liquidity and the Balance of Payments of a Reserve-Currency Country

Peter B. Kenen

Columbia University

Quarterly Journal of Economics 1960

I. The framework of a simpre gold-exchange standard, 572. — II. The system's response to changes in the gold content of reserves, 573. — III. The stability of the system, 579. — IV. Implications for policy, 582. —Appendix: piivate balances and the stability of the system, 583.

DOI
10.2307/1884352
Volume
74 (4)
Pages
572
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