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Contractionary Devaluation in Developing Countries

Contractionary Devaluation in Developing Countries »

Source: Contractionary Devaluation in Developing Countries : An Analytic Overview

Volume/Issue: 1988/51

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 1988

ISBN: 9781451970524

Keywords: imported inputs, aggregate demand, nominal interest rate, terms of trade, relative price

This paper evaluates the growing literature on whether devaluation has contractionary effects on output in developing countries. It explores the nature of the links between the exchange rate and real output within...

Contractionary Devaluation in Developing Countries
			: An Analytic Overview

Contractionary Devaluation in Developing Countries : An Analytic Overview »

Volume/Issue: 1988/51

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 1988

DOI: http://dx.doi.org/10.5089/9781451970524.001

ISBN: 9781451970524

Keywords: imported inputs, aggregate demand, nominal interest rate, terms of trade, relative price

This paper evaluates the growing literature on whether devaluation has contractionary effects on output in developing countries. It explores the nature of the links between the exchange rate and real output within...