Real exchange rates, devaluation, and adjustment : exchange rate policy in developing countries. /
Sebastian Edwards.
- Cambridge, Mass. : MIT Press, c1989.
- xi, 371 p. : ill. ; 24 cm.
Includes index.
Bibliography: p. [357]-366.
Contents: Introduction -- The Theory of equilibrium and disequilibrium real exchange rates: The Determination of equilibrium real exchange rates -- Macroeconomic policies, real exchange rate misalignment and devaluation -- Real exchange rates in developing countries: the empirical evidence: Real exchange rate bahaviour in developing countries: the cross-country evidence -- Real and nominal determinants of real exchange rates: the empirical evidence -- Devaluations, real exchange rate realignment and adjustment: Real exchange rates, exchange controls and devaluation crises -- Devaluations, real exchange rates and the external sector -- Devaluations, aggregate output and income distribution -- Conclusions.