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The economic approach to the balance of payments

In: The International Monetary System and the Theory of Monetary Systems

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Abstract

A statistician records data in the form of a balance of payments account, but what is important is the interpretation of these data. To have a correct understanding of the information supplied by a balance of payments account, some economic analysis is necessary. This is done by comparison with the behaviour of an individual, as regards both his intertemporal choices and his choices concerning the holding of money.

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  • ., 2016. "The economic approach to the balance of payments," Chapters, in: The International Monetary System and the Theory of Monetary Systems, chapter 9, pages 68-87, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17285_9
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    Cited by:

    1. Spiceland, Charlene & Spiceland, David & Njoroge, Phillip Kamau, 2018. "Tourist Trap: The new lease accounting standard and debt covenants," Journal of Accounting Education, Elsevier, vol. 45(C), pages 45-59.

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    Keywords

    Economics and Finance;

    Statistics

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