IDEAS home Printed from https://ideas.repec.org/a/mes/postke/v30y2007i2p147-168.html

Teaching Post Keynesian exchange rate theory

Author

Listed:
  • John Harvey

Abstract

The goal of this paper is to provide a model and method for those wishing to include the Post Keynesian perspective when teaching exchange rate theory. It begins by reviewing neoclassical approaches (purchasing power parity, the monetary model, and the Dornbusch model) and then develops a graphical Post Keynesian model that is based on Keynes's Z-D diagram, endogenous money, a currency market driven by portfolio capital flows, and no assumption of a tendency toward full employment or balanced trade. The model is then used to look at historical examples and policy.

Suggested Citation

  • John Harvey, 2007. "Teaching Post Keynesian exchange rate theory," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 30(2), pages 147-168.
    • Handle: RePEc:mes:postke:v:30:y:2007:i:2:p:147-168
    DOI: 10.2753/PKE0160-3477300201
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.2753/PKE0160-3477300201
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.2753/PKE0160-3477300201?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or

    for a different version of it.

    Other versions of this item:

    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. Sull'uscita dall'euro non siamo "catastrofisti". Una risposta a Gennaro Zezza
      by keynesblog in Keynes Blog on 2015-03-04 17:35:04

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Fidelina B. Natividad-Carlos, 2014. "Exchange-Rate Overshooting: An Analysis for Intermediate Macro," UP School of Economics Discussion Papers 201414, University of the Philippines School of Economics.
    2. Biagio Bossone, 2021. "Global Capital, the Exchange Rate, and Policy (In)Effectiveness," Working Papers PKWP2113, Post Keynesian Economics Society (PKES).
    3. Laura Lisset Montiel-Orozco, 2024. "Rise and Fall of Mexican Super Peso: Heterodox Perspective versus Orthodoxy," Economics Working Paper Archive wp_1057, Levy Economics Institute.

    More about this item

    JEL classification:

    • F31 - International Economics - - International Finance - - - Foreign Exchange
    • A20 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:postke:v:30:y:2007:i:2:p:147-168. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MPKE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.