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(DP 1991-08) The Effects of Devaluation: A Review of Theory

UPSE Discussion Papers

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Title (DP 1991-08) The Effects of Devaluation: A Review of Theory
 
Creator Natividad-Carlos, Fidelina B.
 
Description This paper reviews the literature on the theory of devaluation. The various approaches to the analysis of devaluation that are discussed in the paper are complementary and represent different views of the same phenomenon. Thus, in analyzing the effects of devaluation, one must use a combination of several approaches. In addition, one must take into account the issues pertaining to the distributional effects, the pessimistic consequences, and the effectiveness of devaluation.
 
Publisher UPSE Discussion Papers
 
Contributor
 
Date 2010-08-28
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/217
 
Source UPSE Discussion Papers; 1991
 
Language eng
 
Relation http://www.econ.upd.edu.ph/dp/index.php/dp/article/view/217/288