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The exchange rate and the trade balance

✍ Scribed by Ronald I. McKinnon

Publisher
Springer US
Year
1990
Tongue
English
Weight
1018 KB
Volume
1
Category
Article
ISSN
0923-7992

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πŸ“œ SIMILAR VOLUMES

Real exchange rate effects on the balanc
Real exchange rate effects on the balance of trade: cointegration and the Marshall–Lerner condition
✍ Derick Boyd; Gugielmo Maria Caporale; Ron Smith πŸ“‚ Article πŸ“… 2001 πŸ› John Wiley and Sons 🌐 English βš– 218 KB πŸ‘ 1 views

## Abstract A typical finding in the empirical literature is that import and export demand elasticities are rather low, and that the Marshall–Lerner (ML) condition does not hold. However, despite the evidence against the ML condition, the consensus is that real devaluations do improve the balance o