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...
| Հիմնական հեղինակ: | |
|---|---|
| Ձևաչափ: | Ամսագիր |
| Լեզու: | English |
| Հրապարակվել է: |
Washington, D.C. :
International Monetary Fund,
2020.
|
| Շարք: | IMF Working Papers; Working Paper ;
No. 2020/060 |
| Առցանց հասանելիություն: | Full text available on IMF |