IDEAS home Printed from https://ideas.repec.org/a/nov/artigo/v22y2012i2p235-257.html
   My bibliography  Save this article

Dinâmica da taxa de câmbio em uma economia monetária periférica: uma abordagem keynesiana [Dynamics of the exchange rate in a peripheral monetary economy: a keynesian approach]

Author

Listed:
  • Rogerio P. de Andrade

    (IE/Unicamp)

  • Daniela Magalhães Prates

    (IE/Unicamp)

Abstract

The purpose of this paper is to discuss, from a Keynesian analytical perspective, the determination of exchange rates in a peripheral monetary economy. Initially, the paper approaches the essential properties of an open monetary economy. Next, it presents the basic proposals of the Post Keynesian view of exchange rate determination, which was developed chiefly by John Harvey, who, nevertheless, does not discuss the specific causes of exchange rates behaviour in "emerging" peripheral economies. Finally, after re-examining the idea of "peripheral condition," the paper approaches the historical and institutional peculiarities associated with the way in which peripheral economies are integrated in the modern international monetary and financial system.

Suggested Citation

  • Rogerio P. de Andrade & Daniela Magalhães Prates, 2012. "Dinâmica da taxa de câmbio em uma economia monetária periférica: uma abordagem keynesiana [Dynamics of the exchange rate in a peripheral monetary economy: a keynesian approach]," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 22(2), pages 235-257, May-Augus.
  • Handle: RePEc:nov:artigo:v:22:y:2012:i:2:p:235-257
    as

    Download full text from publisher

    File URL: http://www.scielo.br/scielo.php?script=sci_pdf&pid=S0103-63512012000200002&lng=en&nrm=iso&tlng=pt
    Download Restriction: no

    File URL: http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0103-63512012000200002&lng=en&nrm=iso&tlng=pt
    Download Restriction: no

    More about this item

    Keywords

    exchange rates; monetary economy; Keynesian economics; centre-periphery;

    JEL classification:

    • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F30 - International Economics - - International Finance - - - General
    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - 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:nov:artigo:v:22:y:2012:i:2:p:235-257. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bárbara Freitas Paglioto). General contact details of provider: http://edirc.repec.org/data/fufmgbr.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.