tag:blogger.com,1999:blog-8595404115121834255.post3175307092951978050..comments2024-03-28T03:24:05.678-04:00Comments on NAKED KEYNESIANISM: Exchange rate depreciation and exports: the evidenceMatias Vernengohttp://www.blogger.com/profile/09521604894748538215noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8595404115121834255.post-67969755892900602102016-07-11T10:01:33.428-04:002016-07-11T10:01:33.428-04:00Si hay unos papers de Jesus Felipe. Este, por ejem...Si hay unos papers de Jesus Felipe. Este, por ejemplo, https://www.elgaronline.com/view/journals/roke/2-4/roke.2014.04.07.xmlMatias Vernengohttps://www.blogger.com/profile/09521604894748538215noreply@blogger.comtag:blogger.com,1999:blog-8595404115121834255.post-55441209913896603062016-06-29T22:15:49.726-04:002016-06-29T22:15:49.726-04:00Hello, Matias! I think there are several of consid...Hello, Matias! I think there are several of considerations about this piece. First: the authors considered the 2000-2014 period, exactly when China happened, that is, even though you had a depreciation, you could not increase market share competing to the lower internal chinese costs; second: they use a low number of countries or observations; third: intermediaries are just a part of the final price, so they can't hinder the positive competitiveness effects on the final price, even more because the possibility of exchanging foreign suppliers to domestic ones, with lower prices taken the depreciation considered. Cheers! Ferreiranoreply@blogger.comtag:blogger.com,1999:blog-8595404115121834255.post-84929986483390564562016-06-29T14:53:30.896-04:002016-06-29T14:53:30.896-04:00Dear Matias, I don´t see how the conclusion that t...Dear Matias, I don´t see how the conclusion that the RER does not matter follows from the article. The author suggest that non-price competitiveness drives market share gains. RER irrelevance does not follow from that. Neither a low supply/demand elasiticies.<br /><br />btw, is the paper available? Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8595404115121834255.post-6305627565069466022016-06-29T14:49:56.856-04:002016-06-29T14:49:56.856-04:00Matias, probably you've seen this before but j...Matias, probably you've seen this before but just in case, an interesting fact linked to this that I recently "discovered" is that this was first shown by Kaldor and nowadays is know as "Kaldor Paradox".Anonymoushttps://www.blogger.com/profile/13258640384803202132noreply@blogger.comtag:blogger.com,1999:blog-8595404115121834255.post-53000698443180990802016-06-29T14:13:14.030-04:002016-06-29T14:13:14.030-04:00what do you think about international monetary cle...what do you think about international monetary clearing union bancor? <br /><br />as far as i know current international unit of account is the U.S Dollar but as far as i know its cause a problem since the U.S Dollar is a national currency and in this case the Federal Reserve/Federal Government have to be concerned about the Macroeconomic situation of the United States firstly and only after that about the macroeconomic situation in other countries.<br /><br />so my question is can be a situation where U.S need for dollars in order to function well (full employment and etc) will be less than the need of U.S dollars in all other countries in order to function well since we have no international unit of account like bancor?<br /><br />and if so maybe it will be better then to establish international monetary clearing union like keynes wished?<br /><br /><br /> disequilibriumhttps://www.blogger.com/profile/09760922141392402211noreply@blogger.com