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Laursen-Metzler Effect |
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Laursen-Metzler EffectSee Harberger-Laursen-Metzler Effect.Similar MatchesHarberger-Laursen-Metzler EffectHarberger-Laursen-Metzler EffectThe conjecture or result that a terms of trade deterioration will cause a decrease in savings due to the decrease in real income, and therefore that a real depreciation will cause an increase in real expenditure. Due to Harberger (1950) and Laursen and Metzler (1950). |
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