2010 | OriginalPaper | Buchkapitel
An Evaluation of the Contractionary Devaluation Hypothesis
verfasst von : Ricardo Bebczuk, Arturo Galindo, Ugo Panizza
Erschienen in: Economic Development in Latin America
Verlag: Palgrave Macmillan UK
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Throughout his sharp writings and lucid presentations on Latin American economies, Professor Werner Baer has shown a vivid interest in exchange rate policy and its growth and welfare consequences. In particular, he has consistently been concerned with how macroeconomic strategies shape the income distribution and the level of unemployment in developing countries.1