Re: raising aggregate demand

To: pkt@xxxxxxxxxxxxxxxx
Subject: Re: raising aggregate demand
From: g kohler <kohlerg@xxxxxxxx>
Date: Wed, 06 Mar 2002 08:13:39 -0500

Ricottilli wrote 05 march 2002
". . . What you seem
to be saying . . .  is that the exchange rate is NOT set by current
account
transactions. True! It is capital movements that override real
transactions
by a large order of magnitude and it is to them that we owe the current
level of the exchange rate: . . ."

I am looking for a reference which documents this insight. Any help
appreciated.
Thanks,
Gert Kohler
please reply to the above email
or email to gko15@xxxxxxxxxxx




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Thread context:
- Big Steel, Henry C.K. Liu Wed 06 Mar 2002, 16:30 GMT
  - Re: Big Steel, larson Wed 06 Mar 2002, 22:02 GMT
- raising aggregate demand, Ricottilli Massimo (DISES) Tue 05 Mar 2002, 23:02 GMT
  - Re: raising aggregate demand, Leigh Harkness Mon 11 Mar 2002, 10:20 GMT
  - <Possible follow-up(s)>
  - Re: raising aggregate demand, g kohler Wed 06 Mar 2002, 13:10 GMT
- [Fwd: Perils of "Material Adverse Change"], Henry C.K. Liu Tue 05 Mar 2002, 18:00 GMT
- PKSG meeting at LMU, Paul Downward Tue 05 Mar 2002, 16:36 GMT
- pkesg, Lee, Frederic Tue 05 Mar 2002, 15:14 GMT
- Re: Raising aggregate demand without raising foreign debt, Leigh Harkness Tue 05 Mar 2002, 12:12 GMT

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