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Vicious and virtuous circles: A theoretical analysis and a policy proposal for managing exchange rates

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  • Basevi, Giorgio
  • De Grauwe, Faul

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  • 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.
    • Handle: RePEc:eee:eecrev:v:10:y:1977:i:3:p:277-301
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    Cited by:

    1. Jagdeep Bhandari & Stephen Turnovsky, 1982. "Alternative monetary policies in an inflationary equilibrium model of the open economy," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 118(1), pages 1-18, March.
    2. John R. Martin & Paul R. Masson, 1979. "Exchange Rates and Portfolio Balance," NBER Working Papers 0377, National Bureau of Economic Research, Inc.
    3. Louka T. Katseli, 1984. "Real Exchange Rates in the 1970s," NBER Chapters, in: Exchange Rate Theory and Practice, pages 281-334, National Bureau of Economic Research, Inc.
    4. Obstfeld, Maurice, 1982. "Relative Prices, Employment, and the Exchange Rate in an Economy with Foresight," Econometrica, Econometric Society, vol. 50(5), pages 1219-1242, September.
    5. 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.).
    6. Muhammad Riyadh Ghozali Lubis & Noor Al-Huda Abdul Karim & Gan Pei Tha & Norimah Rambeli & Ramli, 2017. "Exchange Rate Effect on Gross Domestic Product in the Five Founding Members of ASEAN," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 7(11), pages 1284-1293, November.

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