Exchange rates and national income
The devaluations of September 1949 have revived active controversies in the field of international trade theory. In the course of these discussions certain aspects of the problem hitherto but little considered have been focussed and a special emphasis has been placed on the exaggerations in the tend...
Main Authors: | , |
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Format: | Article |
Language: | English |
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Associazione Economia civile
2014-09-01
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Series: | PSL Quarterly Review |
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Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/12688 |
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author | T. BALOGH P. STREETEN |
author_facet | T. BALOGH P. STREETEN |
author_sort | T. BALOGH |
collection | DOAJ |
description | The devaluations of September 1949 have revived active controversies in the field of international trade theory. In the course of these discussions certain aspects of the problem hitherto but little considered have been focussed and a special emphasis has been placed on the exaggerations in the tendency to make complex realities fit into over-simplified theoretical tenets. The present article, the second of two by the authors, deals with exchange rates and may be considered as fruit of this process of revision. In it the authors attempt to find a theoretical solution which differs from the prevalent line of thought.
JEL: E01, F31
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first_indexed | 2024-04-10T17:28:10Z |
format | Article |
id | doaj.art-742bec79f3d245a3abfd8139423479c0 |
institution | Directory Open Access Journal |
issn | 2037-3635 2037-3643 |
language | English |
last_indexed | 2024-04-10T17:28:10Z |
publishDate | 2014-09-01 |
publisher | Associazione Economia civile |
record_format | Article |
series | PSL Quarterly Review |
spelling | doaj.art-742bec79f3d245a3abfd8139423479c02023-02-03T16:50:50ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432014-09-0131510.13133/2037-3643/12688Exchange rates and national incomeT. BALOGHP. STREETENThe devaluations of September 1949 have revived active controversies in the field of international trade theory. In the course of these discussions certain aspects of the problem hitherto but little considered have been focussed and a special emphasis has been placed on the exaggerations in the tendency to make complex realities fit into over-simplified theoretical tenets. The present article, the second of two by the authors, deals with exchange rates and may be considered as fruit of this process of revision. In it the authors attempt to find a theoretical solution which differs from the prevalent line of thought. JEL: E01, F31 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/12688International trade theoryexchange ratesnational income |
spellingShingle | T. BALOGH P. STREETEN Exchange rates and national income PSL Quarterly Review International trade theory exchange rates national income |
title | Exchange rates and national income |
title_full | Exchange rates and national income |
title_fullStr | Exchange rates and national income |
title_full_unstemmed | Exchange rates and national income |
title_short | Exchange rates and national income |
title_sort | exchange rates and national income |
topic | International trade theory exchange rates national income |
url | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/12688 |
work_keys_str_mv | AT tbalogh exchangeratesandnationalincome AT pstreeten exchangeratesandnationalincome |