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Marshall Lerner condition for money demand

Author

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  • Saccal, Alessandro

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.

Suggested Citation

  • Saccal, Alessandro, 2020. "Marshall Lerner condition for money demand," MPRA Paper 101522, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:101522
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    File URL: https://mpra.ub.uni-muenchen.de/112062/1/MPRA_paper_112062.pdf
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    More about this item

    Keywords

    current account; exchange rate; Marshall Lerner condition; money demand; money supply; prices.;
    All these keywords.

    JEL classification:

    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F52 - International Economics - - International Relations, National Security, and International Political Economy - - - National Security; Economic Nationalism

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