Burstein, Ariel T. (contributor); … - 2005
UNIVERSITY OF
ROCHESTER
Modeling Exchange Rate Passthrough After Large Devaluations
Burstein, Ariel, Martin Eichenbaum …, and Sergio Rebelo
Working Paper No. 514
April 2005
Modeling Exchange Rate Passthrough After
Large Devaluations
∗
Ariel … complementary forces that account for the large declines in the real
exchange rate that occur in the aftermath of large devaluations …