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The Multiplier, Flexible Exchanges, and International Equilibrium

W. F. Stolper

University of Michigan–Ann Arbor

Quarterly Journal of Economics 1950

I. Introduction, 559. — II. International equilibrium with flexible exchanges, 560. — III. Purchasing power parity reformulated, 566. — IV. Dynamic interactions, 569; the final equilibrium, 572. — V. Conditions determining which income will be greater, 576. — VI. Conditions determining whether incomes will be greater with or without flexible exchanges, 577. — VII. Conclusions, 579. — Appendix, 580.

DOI
10.2307/1884388
Volume
64 (4)
Pages
559
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