External Devaluations : Are Small States Different? /

The paper investigates whether the macroeconomic effects of external devaluations have systematically different effects in small states, which are typically more open and less diversified than larger peers. Through several analytical approaches -- DSGE model, event study, and regression analysis --...

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Bibliographic Details
Main Author: Acevedo Mejia, Sebastian
Other Authors: Cebotari, Aliona, Greenidge, Kevin, Keim, Geoffrey
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:IMF Working Papers; Working Paper ; No. 2015/240
Online Access:Full text available on IMF