内容提要: Marshall2Lerner (ML) 条件成立与否, 是一国制定汇率政策的重要依据.
在人民币面临巨大升值压力时, 重新对ML 条件进行检验对于我国货币当局制定汇率政策有重要 …

Purpose–The Marshall‐Lerner (M‐L) condition, which stipulates that a devaluation or
depreciation of its currency will improve a country's trade balance only if the sum of the …

This paper examines the short run and long run effects of real exchange rate changes on the
real trade balance of three ASEAN countries in their bilateral trade to the US and Japan …

Previous studies that investigated the short-run (J-curve) and the long-run effects of currency
depreciation on the trade balance of Pakistan used aggregate trade data between Pakistan …

Abstract The Euro Plus Pact was approved by the European Union countries in March 2011.
The pact stipulates various measures to strengthen competitiveness with the ultimate aim of …

The short‐run effects of currency depreciation are said to be different from its long‐run
effects. In the short run, the trade balance deteriorates and improvement comes after some …

A country can restrict her imports by imposing tariffs and stimulating her exports by providing
subsidies. The same goal could be achieved through devaluation. One policy question that …

Abstracts This paper examined the nexus between economic growth and exchange rate,
remittances, trade, and agricultural output based on data sourced from 1980 to 2018 for 10 …

Previous research that assessed the impact of exchange rate changes on the trade balance
between the US and UK assumed the effects are symmetric. In this paper, we add to the …

One cannot exaggerate the importance of estimating how international trade responds to
changes in income and prices. But there is a tension between whether one should use …