Suchergebnisse
Suchergebnisse:
The Marshall–Lerner condition (after Alfred Marshall and Abba P. Lerner) is satisfied if the absolute sum of a country's export and import demand elasticities (demand responsiveness to price) is greater than one.
8. Jan. 2008 · Learn the definition, formula and examples of the Marshall Lerner condition, which states that the sum of price elasticity of exports and imports must be greater than 1 for a currency devaluation to improve the current account. Find out why the condition may not always hold and how to calculate the current account balance with a devaluation.
Marshall-Lerner-Bedingung Definition. Unter der Marshall-Lerner-Bedingung führt eine reale Abwertung der Währung einer Volkswirtschaft zu einem Anstieg der Nettoexporte (Saldo aus Exporten und Importen) dieser Volkswirtschaft, wenn Im- und Exporte ausreichend elastisch auf den realen Wechselkurs reagieren.
The Marshall-Lerner condition is a criterion that predicts the impact of a currency depreciation on a country's balance of trade. It requires the sum of the price elasticities of demand for the country's exports and imports to be greater than one. Learn how to apply it with formula, examples and MCQs on tutor2u.
Die Marshall-Lerner-Bedingung ist ein von Abba P. Lerner und Alfred Marshall entwickeltes wirtschaftstheoretisches Konzept, das die Wirkungsweise einer Wechselkurs-Änderung auf den Saldo der Leistungsbilanz mit Angebots-und Nachfrage-Elastizitäten erklärt. Wenn die Marshall-Lerner-Bedingung erfüllt ist, verbessert sich die Leistungsbilanz ...
29. Apr. 2024 · Definition of Marshall-Lerner Condition. The Marshall-Lerner condition is a principle in international economics that states the criteria under which a devaluation of a country’s currency will improve its trade balance. Specifically, it asserts that a devaluation (or depreciation) of a country’s currency will lead to an ...
29. Jan. 2020 · The Marshall-Lerner condition is a macroeconomic rule that states that a currency devaluation will only improve the balance of payments if the sum of demand elasticity for imports and exports is greater than one. It is named after Alfred Marshall and Abba Lerner, two economists who studied the effects of currency devaluation and trade on the economy.
