Taxa de câmbio e poupança: um ensaio sobre o efeito Harberger-Laursen-Metzler
DOI:
https://doi.org/10.11606/1980-53572911fhbKeywords:
exchange rate, savings, income effects, consumer theoryAbstract
The purpose of this article is to deduce the conditions that make the Harberger-Laursen-Metzler (HLM) effect valid in a traditional IS-LM model. The model also analyses the HLM effect in an intertemporal optimization model of a small open economy which pays a risk premium in its foreign loans.
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Copyright (c) 1999 Fernando de Holanda Barbosa
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