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The vicious circle argument and its relevance for the Italian economy

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  • Raymond Lubitz

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  • Raymond Lubitz, 1981. "The vicious circle argument and its relevance for the Italian economy," International Finance Discussion Papers 186, Board of Governors of the Federal Reserve System (U.S.).
  • Handle: RePEc:fip:fedgif:186
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    File URL: http://www.federalreserve.gov/pubs/ifdp/1981/186/ifdp186.pdf
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    References listed on IDEAS

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    1. Henderson, Dale W., 1980. "Analyzing arrangements for reducing exchange-rate variability : A comment," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 13(1), pages 223-237, January.
    2. Rudiger Dornbusch & Paul Krugman, 1976. "Flexible Exchange Rates in the Short Run," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 7(3), pages 537-584.
    3. Jeffrey Sachs, 1980. "Wages, Flexible Exchange Rates, and Macroeconomic Policy," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 94(4), pages 731-747.
    4. Basevi, Giorgio & De Grauwe, Faul, 1977. "Vicious and virtuous circles: A theoretical analysis and a policy proposal for managing exchange rates," European Economic Review, Elsevier, vol. 10(3), pages 277-301.
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