Implications of Balance of Payments Deficits for Bank Liquidity
Howard E. Mitchell
Journal of Financial and Quantitative Analysis, 1966, vol. 1, issue 1, 56-75
Abstract:
Today great emphasis is being placed upon the need to maintain adequate supplies of money in the economy in the face of continuing balance of payments deficits. This emphasis reflects a desire to assure a. continuous high level of economic activity and low unemployment rates.
Date: 1966
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