Skip to main content

1977 | OriginalPaper | Buchkapitel

The Exchange Rate And The Balance of Payments In The Short Run and in The Long Run: A Monetary Approach

verfasst von : Pentti J. K. Kouri

Erschienen in: Flexible Exchange Rates and Stabilization Policy

Verlag: Palgrave Macmillan UK

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config
loading …

This paper analyzes, by way of a dynamic model, the role of momentary asset equilibrium and expectations in the determination of the exchange rate in the short run, and the role of the process of asset accumulation in the determination of the time path from momentary to long-run equilibrium.

Metadaten
Titel
The Exchange Rate And The Balance of Payments In The Short Run and in The Long Run: A Monetary Approach
verfasst von
Pentti J. K. Kouri
Copyright-Jahr
1977
Verlag
Palgrave Macmillan UK
DOI
https://doi.org/10.1007/978-1-349-03359-1_13