International Disequilibrium and The Adjustment Process

  • R. A. Mundell
Part of the International Economic Association Conference Volumes book series (IEA)


Nan-in, a Japanese master during the Meiji era (1868–1912), received a university professor who came to inquire about Zen.


Monetary Policy Price Level Money Supply Excess Demand Cash Holding 
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  1. Graeme S. Dorrance, ‘Inflation and Growth: The Statistical Evidence IMF’, Staff Papers, vol. xiii, no. 1, March 1966.Google Scholar

Copyright information

© International Economic Association 1967

Authors and Affiliations

  • R. A. Mundell
    • 1
  1. 1.Brookings InstitutionUSA

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