Affiliation:
1. Instituto Brasileiro de Geografia e Estatística, Brasil
2. Universidade Federal de Mato Grosso, Brasil
Abstract
ABSTRACT The main purpose of this paper is to present the differences in the exchange rates in macroeconomic models from the three current theoretical views: Orthodox, Post-Keynesian and New Developmentalism. To achieve this objective, it is proposed to make a bibliographic survey of the literature on open macroeconomics and exchange rate. The main differences among these views concerns to exchange rate determination, causes of exchange rate variations and balance of payments equilibrium determination.
Subject
Political Science and International Relations,General Economics, Econometrics and Finance,Sociology and Political Science
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