Technology, capital flows and the balance of payments constraint in a structuralist north-south model

Detalhes bibliográficos
Autor(a) principal: Curado, Marcelo
Data de Publicação: 2019
Outros Autores: Porcile, Gabriel
Tipo de documento: Artigo
Idioma: por
Texto Completo: https://revistas.ufrj.br/index.php/rec/article/view/19730
Resumo: This paper presents a North-South model which combines a demand curve for foreign exchange, based on the Keynesian Balance-of-Payments-constrained-growth theory, and a supply curve, based on the principle of increasing risks, which is nonlinear on the interest rate. The dynamics of the model describes a situation of external fragility in economies facing problems of international competitiveness, in which external desequilibrium recurrently puts a downward pressure on the rate of growth and favors exchange rate devaluation in Southern economies.   
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spelling Technology, capital flows and the balance of payments constraint in a structuralist north-south modelCurado, MarceloPorcile, Gabrielstructuralist macroeconomic modelsbalance-of-payments-constrained growthThis paper presents a North-South model which combines a demand curve for foreign exchange, based on the Keynesian Balance-of-Payments-constrained-growth theory, and a supply curve, based on the principle of increasing risks, which is nonlinear on the interest rate. The dynamics of the model describes a situation of external fragility in economies facing problems of international competitiveness, in which external desequilibrium recurrently puts a downward pressure on the rate of growth and favors exchange rate devaluation in Southern economies.   IE-UFRJ2019-11-07info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionArtigo avaliado pelos Paresapplication/pdfhttps://revistas.ufrj.br/index.php/rec/article/view/19730Revista de Economia Contemporânea; Rev. Econ. Contemp., v. 6, n. 2, jul./dez. 2002Journal of Contemporary Economics; Rev. Econ. Contemp., v. 6, n. 2, jul./dez. 20021980-5527porhttps://revistas.ufrj.br/index.php/rec/article/view/19730/11414Copyright (c) 2018 Marcelo Curado, Gabriel Porcileoai:ojs.pkp.sfu.ca:article/197302019-11-07T21:05:21Z
dc.title.none.fl_str_mv Technology, capital flows and the balance of payments constraint in a structuralist north-south model
title Technology, capital flows and the balance of payments constraint in a structuralist north-south model
spellingShingle Technology, capital flows and the balance of payments constraint in a structuralist north-south model
Curado, Marcelo
structuralist macroeconomic models
balance-of-payments-constrained growth
title_short Technology, capital flows and the balance of payments constraint in a structuralist north-south model
title_full Technology, capital flows and the balance of payments constraint in a structuralist north-south model
title_fullStr Technology, capital flows and the balance of payments constraint in a structuralist north-south model
title_full_unstemmed Technology, capital flows and the balance of payments constraint in a structuralist north-south model
title_sort Technology, capital flows and the balance of payments constraint in a structuralist north-south model
dc.creator.none.fl_str_mv Curado, Marcelo
Porcile, Gabriel
author Curado, Marcelo
author_facet Curado, Marcelo
Porcile, Gabriel
author_role author
author2 Porcile, Gabriel
author2_role author
dc.subject.none.fl_str_mv structuralist macroeconomic models
balance-of-payments-constrained growth
topic structuralist macroeconomic models
balance-of-payments-constrained growth
description This paper presents a North-South model which combines a demand curve for foreign exchange, based on the Keynesian Balance-of-Payments-constrained-growth theory, and a supply curve, based on the principle of increasing risks, which is nonlinear on the interest rate. The dynamics of the model describes a situation of external fragility in economies facing problems of international competitiveness, in which external desequilibrium recurrently puts a downward pressure on the rate of growth and favors exchange rate devaluation in Southern economies.   
publishDate 2019
dc.date.none.fl_str_mv 2019-11-07
dc.type.none.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Artigo avaliado pelos Pares
format article
status_str publishedVersion
dc.identifier.none.fl_str_mv https://revistas.ufrj.br/index.php/rec/article/view/19730
url https://revistas.ufrj.br/index.php/rec/article/view/19730
dc.language.none.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://revistas.ufrj.br/index.php/rec/article/view/19730/11414
dc.rights.none.fl_str_mv Copyright (c) 2018 Marcelo Curado, Gabriel Porcile
rights_invalid_str_mv Copyright (c) 2018 Marcelo Curado, Gabriel Porcile
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv IE-UFRJ
publisher.none.fl_str_mv IE-UFRJ
dc.source.none.fl_str_mv Revista de Economia Contemporânea; Rev. Econ. Contemp., v. 6, n. 2, jul./dez. 2002
Journal of Contemporary Economics; Rev. Econ. Contemp., v. 6, n. 2, jul./dez. 2002
1980-5527
repository.name.fl_str_mv
repository.mail.fl_str_mv
_version_ 1789436681697361920

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