Marshall Lerner condition for money demand
Alessandro Saccal
MPRA Paper from University Library of Munich, Germany
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.
Keywords: current account; exchange rate; Marshall Lerner condition; money demand; money supply; prices. (search for similar items in EconPapers)
JEL-codes: E12 F13 F41 F52 (search for similar items in EconPapers)
Date: 2020-07-03
New Economics Papers: this item is included in nep-mac and nep-mon
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https://mpra.ub.uni-muenchen.de/101522/1/MPRA_paper_101522.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/112062/1/MPRA_paper_112062.pdf revised version (application/pdf)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:101522
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