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Thesis (M.A.)—University of Nebraska—Lincoln, 1961. Department of Economics.


Copyright 1961, the author. Used by permission.


This thesis attempts to analyze the causes and implications of the large outflows of monetary gold which the United States has been experiencing since 1958.It is because international gold movements are motivated by balance of payments developments that the core of this thesis is concerned with an examination of the U.S. balance of payments.The examination is limited to the years 1955 through 1960.

In Chapters 3 and 4 in an attempt to determine whether the U.S. is experiencing a “temporary” or “fundamental” payments deficit, predictions are made on the size of receipts and payments in the nation’s international accounts during the next few years.It is only fair to warn the reader that predictions of this type, though often necessary, are seldom free from elements of guesswork.

Advisor:Wallace C. Peterson