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Full Description
The Bellagio Group was founded at a time of global economic crisis. This collection brings together the private correspondence and published papers of the Group's founders, creating a picture of the personalities, issues, debates and compromises leading to the adoption of flexible exchange rates and a modified Triffin plan.
Contents
Introduction to William Fellner and the Intersection of Macro and Microeconomics, Balance of Payments and Limited Exchange Rate Flexibility, 1966-73, Inflation, Employment and Taxation, 1974-7, Rational Expectations, Credibility and Demand Disinflation, 1978-83, Editorial Notes