Construct a numerical example to show how the Marshall-Lerner condition works. Why might its predictions not hold

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Construct a numerical example to show how the Marshall-Lerner condition works. Why might its predictions not hold in the very short run?

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Macroeconomics Institutions Instability And The Financial System

ISBN: 9780199655793

1st Edition

Authors: Wendy Carlin, David Soskice

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Question Posted: Jun 10, 2024 02:10 AM

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Construct a numerical example to show how the Marshall-Lerner condition works. Why might its predictions not hold

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Macroeconomics Institutions Instability And The Financial System

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