Are Devaluations Contractionary?
收藏NBER1985-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w1676
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Recently a number of authors have criticized the role of devaluations in traditional stabilization programs. It has been argued that, contrary to the traditional view, devaluations are contractionary, and generate a decline in aggregate output. In spite of the renewed theoretical interest in the
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美国国家经济研究局创建时间：
1985-08-01
