Contractionary effects of devaluation
نویسندگان
چکیده
منابع مشابه
The Effects of Devaluation of Irans Balance of Payments
Devaluation has different effects on the structure of trade patterns in countries which have a fixed exchange rate regime. The experience of devaluation in many countries has clearly shown that devaluation policies have not always led to the improvement of their trade pattern structures. Some empirical studies have revealed that after employing devaluation, the real rate of money in some nation...
متن کاملAre Crisis-Induced Devaluations Contractionary?
Why are some currency crises followed by economic contractions while others are not? This paper is an attempt at answering this query. In particular, we investigate two closely related questions. First, we explore whether there is a difference in the output effects of a devaluation during “normal” periods versus crises ones; after all, during noncrisis periods, real exchange devaluation is seen...
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The item from the Editor’s desk on the devaluation of post-traumatic stress disorder (PTSD) (Tyrer, 2005) is to be welcomed, and in my view this issue is indeed ‘highly significant’. Post-traumatic stress disorder is surely not a true medical diagnosis, rather it is best seen as a medicolegal, benefit-linked criterion. It is a bureaucratic hurdle for a claimant to surmount, not a medical diagno...
متن کاملDevaluation of PTSD
The item from the Editor’s desk on the devaluation of post-traumatic stress disorder (PTSD) (Tyrer, 2005) is to be welcomed, and in my view this issue is indeed ‘highly significant’. Post-traumatic stress disorder is surely not a true medical diagnosis, rather it is best seen as a medicolegal, benefit-linked criterion. It is a bureaucratic hurdle for a claimant to surmount, not a medical diagno...
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Normal aging is associated with deficits in cognitive flexibility thought to depend on prefrontal regions such as the orbitofrontal cortex (OFC). Here, we used Pavlovian reinforcer devaluation to test whether normal aging might also affect the ability to use outcome expectancies to guide appropriate behavioral responding, which is also known to depend on the OFC. Both young and aged rats were t...
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ژورنال
عنوان ژورنال: Journal of International Economics
سال: 1978
ISSN: 0022-1996
DOI: 10.1016/0022-1996(78)90007-7