Harberger-Laursen-Metzler effect is the conjecture that a terms of trade deterioration will cause a decrease in savings and a deterioration of the current account. This is due to the decrease in real income, which will cause an increase in real expenditure (in order to maintain a standard of living). The theory was offered by Harberger (1950) and Laursen and Metzler (1950).
Attributes | Values |
---|---|
rdfs:label |
|
rdfs:comment |
|
dct:subject | |
Wikipage page ID |
|
Wikipage revision ID |
|
Link from a Wikipage to another Wikipage | |
sameAs | |
dbp:wikiPageUsesTemplate | |
has abstract |
|
gold:hypernym | |
prov:wasDerivedFrom | |
page length (characters) of wiki page |
|
foaf:isPrimaryTopicOf | |
is foaf:primaryTopic of |