On floating exchange rates, currency depreciation and effective demand: a comment
I certainly agree with the authors on the main point, which is that flexible exchange rates do not result in an automatic adjustment that brings equilibrium with full employment. What I would argue is that flexible exchange rates, however, may be more advantageous than those fixed and that the mana...
| Published in: | PSL Quarterly Review |
|---|---|
| Main Author: | |
| Format: | Article |
| Language: | English |
| Published: |
Associazione Economia civile
2012-04-01
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| Subjects: | |
| Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9875 |