Search: balance of payments

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RBA Glossary definition for balance of payments

balance of payments – A summary of the economic transactions between residents of one country and residents of other countries.

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Balance of Payments Adjustemt

31 Dec 1978 RDP 1978-01
P.D. Jonson
RDP 1978-01: Two Essays in Monetary Economics 5. Balance of Payments Adjustemt. ... and included in the model, feedback from the balance of payments to the money supply is established.
https://www.rba.gov.au/publications/rdp/1978/7801/balance-of-payments-adjustemt.html

Price Effects

31 Dec 1978 RDP 1978-01
P.D. Jonson
Jonson. September 1978. Considerable controversy surrounds the appropriate specification of price and balance of payments effects of domestic stabilisation policies. ... With well established links between domestic policy and output, and between output
https://www.rba.gov.au/publications/rdp/1978/7801/price-effects.html

Concluding Remarks

31 Dec 1978 RDP 1978-01
P.D. Jonson
money on the balance of payments which has been detected in several studies. ... monetary effects on the balance of payments, by raising the demand for money.
https://www.rba.gov.au/publications/rdp/1978/7801/concluding-remarks.html

References

31 Dec 1978 RDP 1978-01
P.D. Jonson
Frenkel, J. and Johnson, H.G. (1976), The Monetary Approach to the Balance of Payments. ... 1012. Jonson, P.D. and Kierzkowski, H.I. (1975), “The Balance of Payments: An Analytic Exercise”, Manchester School, 43: 105–133.
https://www.rba.gov.au/publications/rdp/1978/7801/references-1.html

References

31 Dec 1978 RDP 1978-01
P.D. Jonson
Frenkel, J.A. and Johnson, H.G. (1976), The Monetary Approach to the Balance of Payments, London: Allen and Unwin. ... and Taylor J.C. (1977), Money and the Balance of Payments, Reserve Bank of Australia Research Discussion Paper 7707.
https://www.rba.gov.au/publications/rdp/1978/7801/references-2.html

“Money” or “Assets”?

31 Dec 1978 RDP 1978-01
P.D. Jonson
balance of payments, have be endemic. ... printing press for residual financing and because the private sector allows its money balances to take the burden of adjustment in the short run.
https://www.rba.gov.au/publications/rdp/1978/7801/money-or-assets.html

Introduction

31 Dec 1978 RDP 1978-01
P.D. Jonson
and the balance of payments.
https://www.rba.gov.au/publications/rdp/1978/7801/introduction-2.html

Concluding Comments

31 Dec 1978 RDP 1978-01
P.D. Jonson
Consequently, the canals by which monetary stimulus flows to the rest of the world will be mainly direct price effects rather than the monetary effects acting through the balance of payments ... Conversely, the small open economy will find that domestic
https://www.rba.gov.au/publications/rdp/1978/7801/concluding-comments.html

Output Effects of Monetary Fluctuations

31 Dec 1978 RDP 1978-01
P.D. Jonson
P.D. Jonson. September 1978. The output effects of domestic monetary and other stabilisation policy changes are perhaps less controversial than the implications for inflation and the balance of payments. ... The question arises whether both wealth and
https://www.rba.gov.au/publications/rdp/1978/7801/output-effects-of-monetary-fluctuations.html

The Transmission Mechanism in General Terms

31 Dec 1978 RDP 1978-01
P.D. Jonson
Hume stressed the tendency for the balance of payments to vary to equalise “somehow” the supply of money with the demand for money. ... and although later contributions include discussion of the capital account of the balance of payments, they do not
https://www.rba.gov.au/publications/rdp/1978/7801/the-transmission-mechanism-in-general-terms.html