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Economists and policymakers are still trying to understand the lessons recent financial crises in Asia and other …
Persistent link: https://www.econbiz.de/10012677091
Economists and policymakers are still trying to understand the lessons recent financial crises in Asia and other …
Persistent link: https://www.econbiz.de/10014487958
Persistent link: https://www.econbiz.de/10000123971
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This paper develops our analytical model to explore the relationship between the dynamics of macroeconomic adjustment and the timing of the implementation of an adjustment program featuring an official devaluation. The effects of postponing adjustment depend on the source of the original shock,...
Persistent link: https://www.econbiz.de/10012476190
This paper develops our analytical model to explore the relationship between the dynamics of macroeconomic adjustment and the timing of the implementation of an adjustment program featuring an official devaluation. The effects of postponing adjustment depend on the source of the original shock,...
Persistent link: https://www.econbiz.de/10013322895
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