Andrade, Rogerio P. de; Prates, Daniela Magalhães - In: Nova Economia 22 (2012) 2, pp. 235-257
The purpose of this paper is to discuss, from a Keynesian analytical perspective, the determination of exchange rates in a peripheral monetary economy. Initially, the paper approaches the essential properties of an open monetary economy. Next, it presents the basic proposals of the Post...