Abstract
Almost two decades ago I wrote a monograph titled The Dollar and the Policy Mix: 1971 (Mundell [5] (*)). It arose from a talk I had given in February 1971 at a US Treasury Consultants’ meeting presided over by Paul Volcker, then undersecretary of the Treasury, and by Secretary John B. Connally, who had returned from his confirmation proceedings that very day. My talk was in answer to a question prepared by the late Henry Wallich, then a professor at Yale University and adviser to the Treasury, who had organized the proceedings: “Is the balance of payments deficit a menace to the dollar?”
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Bibliography
Barro Robert: «Are Government Bonds Net Wealth?», Journal of Political Economy?, , n. 82, dic. 974, pp. 1095–1117.
Heller Robert: «Money and the International Monetary System», Homer Jones Memorial Lecture, University of Missouri, St. Louis, April, 1989. Unpublished manuscript.
Mundell Robert: «The Public Debt, Corporate Income Taxes and the Rate of Interest», Journal of Political Economy, n. 68, December 1960. Reprinted in Mundell R.A.: Monetary Theory: Interest, Influation and Growth in the World Economy Goodyear, 1971, pp. 5–13.
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Mundell Robert:«The Dollar and the Policy Mix: 1971», Princeton Studies in International Finance, June 1971.
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© 1992 SIPI Srl, Rivista di Politica Economica
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Mundell, R.A. (1992). The Dollar and the Policy Mix. In: Baldassarri, M., McCallum, J., Mundell, R. (eds) Global Disequilibrium in the World Economy. Central Issues in Contemporary Economic Theory and Policy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22269-8_4
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DOI: https://doi.org/10.1007/978-1-349-22269-8_4
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