411 REFERENCE · Wiktionary
Marshall-Lerner condition
Reference material by Wiktionary contributors. This retains its source identity and is not 411 news reporting.
English
Etymology
Named after Alfred Marshall and Abba P. Lerner.
Noun
en economics The condition that an exchange rate devaluation or depreciation will only cause a balance of trade improvement if the absolute sum of the long run export and import demand elasticities is equal to, or greater than 1.
Translations
Marshall-Lerner condition
Czech: cs Marshall–Lernerova podmínka f
Portuguese: pt condição de Marshall-Lerner f, pt condição Marshall-Lerner f
en eponyms