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June 10-12, 1974
The Federal Reserve Bank of Boston is pleased to publish
these papers on International Aspects of Stabilization
Policies presented at a conference at Mr. Hope Farm,
Williamstown, Massachusetts from June 10-12, 1974.
The conference was a joint effort of the Federal Reserve Bank of Boston and
the International Seminar in Public Economics.
Contents
Entire Proceedings (33.5MB) 
Foreword
Frank E. Morris and Richard A. Musgrave
Introduction
Albert Ando, Richard Herring, and Richard Marston
Stocks and Flows in International Monetary Analysis
William H. Branson, with discussion by Giorgio Basevi
National Autonomy of Stabilization Policy
Jorgen Gelting, with discussion by Stanley W. Black
International Monetary Reform and the Stabilization Problem
J. Marcus Fleming, with discussions by Peter B. Kenen, Richard J. Herring, Emil-Maria Claassen and a reply by J. Marcus Fleming.
Coordination and Harmonization of Stabilization Policies Among
Countries, with Special Reference to Britain and the EEC
Douglas Dosser, with discussions by Richard Cooper and
W. M. Corden
Stability in the International Economy: The LINK Experience
Keith N. Johnson and Lawrence R. Klein, with discussions by Anton Barten and Alan Peacock. Replies by Bert G. Hickman, Keith N. Johnson, and Lawrence R. Klein
International Transmission of Economic Fluctuations and Inflation
Bert G. Hickman, with discussion by R. James Ball
Trade, Capital Flows, and Migration as Channels
for International Transmission of Stabilization Policies
John F. Helliwell, with discussions by Stephen M. Goldfeld, and Lawrence R. Klein
DESMOS: A Model for the Coordination of
Economic Policies in the EEC Countries
Jean Waelbroeck and A. Dramais, with discussion by Keith N. Johnson
Patterns of Instability in Socialist Countries: Do They Call
for Internationally Coordinated Stabilization Measures?
Aleksander Bajt, with discussion by Richard Portes and reply by Aleksander Bajt
Stabilization Policy in Japan and Its Relation
to Economic Instability in the World
Masahiro Tatemoto, with discussions by Lawrence B. Krause and Akihiro Amano
Modeling Stabilization Policy for the LDCs
in an International Setting
Jere R. Behrman, with discussion by Bent Hansen
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