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Author:Devereux, M. B.
Title:How does a devaluation affect the current account?
Journal:Journal of International Money and Finance
2000 : DEC, VOL. 19:6, p. 833-851
Index terms:Exchange rates
Devaluation
Price policy
Currency markets
Language:eng
Abstract:The author explores how an exchange rate devaluation affects the current account in a sticky-price inter-temporal optimizing model. The main issue addressed is how the features of international pricing affect the current account.
SCIMA record nr: 226535
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