Teaching Post Keynesian exchange rate theory

• Published in: Journal of post Keynesian economics Vol. 30; no. 2; pp. 147 - 168
• Main Author: Harvey, John T.
• Format: Journal Article
• Language: English
• Published: Abingdon Routledge 01.12.2007; M. E. Sharpe; M.E. Sharpe, Inc; Taylor & Francis Ltd
• Series: Journal of Post Keynesian Economics
• Subjects: Currency; Dornbusch model; Economic expectations; Economic models; Economics; Exchange rates; Financial theory; Foreign exchange rates; Interest rates; Keynesian theory; Keynesianism; Macroeconomics; Monetary economics; monetary model; Money supply; Post Keynesian; Post Keynesian economics; Purchasing power parity; Studies; teaching economics; Teaching of economics

The goal of this paper is to provide a model and method for those wishing to include the Post Keynesian perspective when teaching exchange rate theory. It begins by reviewing neoclassical approaches (purchasing power parity, the monetary model, and the Dornbusch model) and then develops a graphical...