Are Depreciations as Contractionary as Devaluations? A Comparison of Selected Emerging and Industrial Economies
Preprint
- 1 January 2003
- preprint
- Published by Elsevier in SSRN Electronic Journal
Abstract
According to conventional models, flexible exchange rates play an equilibrating role in open economies, depreciating in response to adverse shocks, boosting netKeywords
All Related Versions
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