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On the Effectiveness of Discrete Devaluation in Balance of Payments Adjustment

In: Misalignment of Exchange Rates: Effects on Trade and Industry

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  • Louka T. Katseli

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  • Louka T. Katseli, 1988. "On the Effectiveness of Discrete Devaluation in Balance of Payments Adjustment," NBER Chapters,in: Misalignment of Exchange Rates: Effects on Trade and Industry, pages 195-214 National Bureau of Economic Research, Inc.
  • Handle: RePEc:nbr:nberch:8059
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    1. Robert P. Flood & Robert J. Hodrick, 1986. "Money and the Open Economy Business Cycle: A Flexible Price Model," NBER Working Papers 1967, National Bureau of Economic Research, Inc.
    2. Dornbusch, Rudiger, 1973. "Devaluation, Money, and Nontraded Goods," American Economic Review, American Economic Association, vol. 63(5), pages 871-880, December.
    3. Lucas, Robert E, Jr, 1973. "Some International Evidence on Output-Inflation Tradeoffs," American Economic Review, American Economic Association, vol. 63(3), pages 326-334, June.
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