Search Results - subject:"Competitive devaluation"

Learning by Devaluating: A Supply-Side Effect of Competitive Devaluation

Tervala, Juha - Turun Kauppakorkeakoulu, Turun Yliopisto - 2011

-increasing skill level, at the expense of the neighbour, by competitive devaluation engineered through low interest rates. If measured … by the cumulative change in output after 12 quarters, LBD increases the harmful effect of competitive devaluation on …). Moreover, a combination of a high crosscountry substitutability and a sufficiently strong LDB effect implies that competitive …

Persistent link: https://www.econbiz.de/10009318853

New evidence on export price elasticity from China and Six OECD countries

Aiello, Francesco; Bonanno, Graziella; Via, Alessia - In: China & world economy 23 (2015) 6, pp. 56-78

Persistent link: https://www.econbiz.de/10011415777

Competitive devaluations and the trade balance in less developed countries : an empirical study of Latin American countries

Costamagna, Rodrigo - In: Economic analysis and policy : EAP ; journal of the … 44 (2014) 3, pp. 266-278

Persistent link: https://www.econbiz.de/10011481985

Learning by devaluating: A supply-side effect of competitive devaluation

Tervala, Juha - In: International Review of Economics & Finance 27 (2013) C, pp. 275-290

cumulative change in output after 12 quarters, LBD increases the harmful effect of competitive devaluation on foreign output by … transmission of a monetary policy. LDB implies that a country can increase its productivity-increasing skill level by competitive … devaluation, which happens at the expense of the neighbour if the Marshall–Lerner condition is satisfied. If measured by the …

Persistent link: https://www.econbiz.de/10010664321

Learning by devaluating : a supply-side effect of competitive devaluation

Tervala, Juha - In: International review of economics & finance : IREF 27 (2013), pp. 275-290

Persistent link: https://www.econbiz.de/10009740812

Export surges

Freund, Caroline; Pierola, Martha Denisse - In: Journal of Development Economics 97 (2012) 2, pp. 387-395

How can developing countries stimulate and sustain strong export growth? To answer this question, we examine 92 episodes of export surges, defined as significant increases in manufacturing export growth that are sustained for at least 7years. We find that export surges in developing countries...

Persistent link: https://www.econbiz.de/10010574948

Export surges

Freund, Caroline L.; Pierola, Martha Denisse - In: Journal of development economics 97 (2012) 2, pp. 387-395

Persistent link: https://www.econbiz.de/10015121694

Fiscal Devaluations

Farhi, Emmanuel; Gopinath, Gita; Itskhoki, Oleg - C.E.P.R. Discussion Papers - 2011

We show that even when the exchange rate cannot be devalued, a small set of conventional fiscal instruments can robustly replicate the real allocations attained under a nominal exchange rate devaluation in a standard New Keynesian open economy environment. We perform the analysis under...

Persistent link: https://www.econbiz.de/10009399714

Strategic Export Promotion

Etro, Federico - Dipartimento di Economia, Metodi Quantitativi e … - 2006

This paper provides a general characterization of optimal export promoting policies for foreign competitive markets and apply it to strategic trade policy and exchange rate policy. Contrary to the ambiguous results of strategic trade policy under barriers to entry in the third market, I find...

Persistent link: https://www.econbiz.de/10005685726