Essays about: "marshall lerner condition"
Found 3 essays containing the words marshall lerner condition.
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1. A study of the Marshall-Lerner condition in the least complex economies
University essay from Umeå universitet/NationalekonomiAbstract : In the aftermath of the financial crisis where global aggregate demand is struggling, countries occasionally get accused of weakening their currency to gain competitiveness. The method of weakening the currency to gain competitiveness is explained by the Marshall-Lerner condition, which states that a devaluation in the long-term will strengthen the balance of trade. READ MORE
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2. SHORT-RUN AND LONG-RUN DYNAMICS OF TRADE BALANCE: TESTING FOR THE VALIDITY OF MARSHALL-LERNER CONDITION AND J-CURVE HYPOTHESIS IN TURKEY
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : Growing trade deficit has been one of the major problems of the Turkish economy to date. This study aims to provide empirical insights to policy makers about whether real depreciation or devaluation of Turkish Lira is an effective way of improving the trade deficit. READ MORE
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3. How Does a Depreciation in the Exchange Rate Affect Trade Over Time?
University essay from IHH, NationalekonomiAbstract : The purpose of this thesis is to examine how a depreciation in the exchange rate affects the trade balance in an economy over time. The outcomes of a depreciation are possible to analyze through the J-curve phenomenon that shows the relation between the exchange rate and the trade balance both in the short-run and the long-run. READ MORE
