Are Devaluations Contractionary?
- 1 August 1986
- journal article
- Published by JSTOR in The Review of Economics and Statistics
- Vol. 68 (3) , 501
- https://doi.org/10.2307/1926028
Abstract
This paper analyzes empirically whether, contrary to the traditional view, devaluations are contractionary. Data on 12 developing countries for 1965-1980 are us...Keywords
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