Real Exchange Rate Overshooting in Large Depreciations: Determinants and Consequences

Real Exchange Rate Overshooting in Large Depreciations: Determinants and Consequences
The consequences of large depreciations on economic activity depend on the relative strength of the contractionary balance sheet and expansionary expenditure switching effects. However, the two operate over different time horizons: the balance sheet effect hits almost immediately, while expenditure switching is delayed by nominal rigidities and... READ MORE...

Publication date: May 2020
ISBN 9781513545226
$18.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: May 2020

PDF

Publication date: May 2020

ePub

Publication date: May 2020

English