Gradual Versus Big-Bang Devaluations : An Empirical Analysis

Gradual Versus Big-Bang Devaluations : An Empirical Analysis

This paper examines the pros and cons of gradual versus big-bang approaches toward devaluations. It presents original empirical evidence regarding output, consumption, investment and trade balances associated with gradual and big-bang devaluation e...

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Bibliographic Details
Main Authors: Geiger, Michael, Nguyen, Ha, Nguyen, Houng
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
CURRENCY DEVALUATION
MONETARY POLICY
TRADE BALANCE
INVESTMENT
CAPITAL FLOWS
CONSUMPTION
FISCAL POLICY
Online Access:http://documents.worldbank.org/curated/en/844181541168364950/Gradual-Versus-Big-Bang-Devaluations-An-Empirical-Analysis
http://hdl.handle.net/10986/30918

Internet

http://documents.worldbank.org/curated/en/844181541168364950/Gradual-Versus-Big-Bang-Devaluations-An-Empirical-Analysis
http://hdl.handle.net/10986/30918

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