Saccal, Alessandro (2020): Marshall Lerner condition for money demand.
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Abstract
This article derives a twofold Marshall Lerner condition for money demand such that the current account may increase or decrease upon respective decrements or increments in the real exchange rate.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | Marshall Lerner condition for money demand |
| English Title: | Marshall Lerner condition for money demand |
| Language: | English |
| Keywords: | current account; exchange rate; Marshall Lerner condition; money demand; money supply; prices. |
| Subjects: | E - Macroeconomics and Monetary Economics > E1 - General Aggregative Models > E12 - Keynes ; Keynesian ; Post-Keynesian F - International Economics > F1 - Trade > F13 - Trade Policy ; International Trade Organizations F - International Economics > F4 - Macroeconomic Aspects of International Trade and Finance > F41 - Open Economy Macroeconomics F - International Economics > F5 - International Relations, National Security, and International Political Economy > F52 - National Security ; Economic Nationalism |
| Item ID: | 101522 |
| Depositing User: | Dr. Alessandro Saccal |
| Date Deposited: | 07 Jul 2020 07:05 |
| Last Modified: | 07 Jul 2020 07:05 |
| References: | [1] Krugman P. and Obstfeld M. (2009) “International economics: theory and policy”, Pearson, Eighth edition (international). [2] Choi H. (2018) “Marshall-Lerner condition is wrong”, Social science research network. |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/101522 |
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