W. E. G. Salter Internal and External Balance: The Role of Price and Expenditure Effects

Peter L. Swan ()
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Peter L. Swan: UNSW Australia

Chapter Chapter 8 in Trevor Winchester Swan, Volume II, 2023, pp 87-104 from Palgrave Macmillan

Abstract: Abstract This paper illustrates by means of variations on one simple diagram certain features of the relationship between internal and external balance. Its object is merely to indicate the intimate relationships between price and expenditure effects in reconciling full employment policy with balance of payments policy.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pshchp:978-3-031-23807-9_8

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DOI: 10.1007/978-3-031-23807-9_8

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