Marshall-Lerner condition

From Wiktionary, the free dictionary
Jump to navigation Jump to search

English[edit]

English Wikipedia has an article on:
Wikipedia

Etymology[edit]

Named after Alfred Marshall and Abba P. Lerner.

Noun[edit]

Marshall-Lerner condition (plural Marshall-Lerner conditions)

  1. (economics) The condition that an exchange rate devaluation or depreciation will only cause a balance of trade improvement if the absolute sum of the long run export and import demand elasticities is equal to, or greater than 1.

Translations[edit]

Retrieved from "https://en.wiktionary.org/w/index.php?title=Marshall-Lerner_condition&oldid=77957269"