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External Shocks, Purchasing Power Parity, and the Equilibrium Real Exchange Rate

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  • Devarajan, Shantayanan
  • Lewis, Jeffrey D
  • Robinson, Sherman

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  • Devarajan, Shantayanan & Lewis, Jeffrey D & Robinson, Sherman, 1993. "External Shocks, Purchasing Power Parity, and the Equilibrium Real Exchange Rate," The World Bank Economic Review, World Bank, vol. 7(1), pages 45-63, January.
  • Handle: RePEc:oup:wbecrv:v:7:y:1993:i:1:p:45-63
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    References listed on IDEAS

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    1. Robinson, Sherman & Tyson, Laura DAndrea, 1985. "Foreign trade, resource allocation, and structural adjustment in Yugoslavia: 1976-1980," Journal of Comparative Economics, Elsevier, vol. 9(1), pages 46-70, March.
    2. Bela Balassa, 1964. "The Purchasing-Power Parity Doctrine: A Reappraisal," Journal of Political Economy, University of Chicago Press, vol. 72(6), pages 584-584.
    3. Devarajan, Shantayanan & Lewis, Jeffrey & Robinson, Sherman, 1990. "Policy Lessons from Two-Sector Models," CUDARE Working Papers 198566, University of California, Berkeley, Department of Agricultural and Resource Economics.
    4. Wood, Adrian, 1991. "Global trends in real exchange rates 1960-1984," World Development, Elsevier, vol. 19(4), pages 317-332, April.
    5. W. E. G. Salter, 1959. "Internal And External Balance: The Role Op Price And Expenditure Effects," The Economic Record, The Economic Society of Australia, vol. 35(71), pages 226-238, August.
    6. Stephen P. Magee, 1973. "Currency Contracts, Pass-Through, and Devaluation," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 4(1), pages 303-325.
    7. T. W.Swan, 1960. "Economic Control In A Dependent Economy," The Economic Record, The Economic Society of Australia, vol. 36(73), pages 51-66, March.
    8. Jagdish N. Bhagwati, 1978. "Foreign Trade Regimes and Economic Development: Anatomy and Consequences of Exchange Control Regimes," NBER Books, National Bureau of Economic Research, Inc, number bhag78-1, March.
    9. Lewis, Jeffrey D. & Urata, Shujiro, 1984. "Anatomy of a balance-of-payments crisis : Application of a computable general equilibrium model to Turkey, 1978-1980," Economic Modelling, Elsevier, vol. 1(3), pages 281-303, July.
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