Optimal Devaluations

Juan Pablo Nicolini and Constantino Hevia

No 337, Econometric Society 2004 Latin American Meetings from Econometric Society

Abstract: We analyze optimal ï¬ scal,monetary and exchange rate policy in a simple small open econonomy model with price setting frictions.We perform our analysis in the tradition of optimal dynamic Ramsey problems.We characterize optimal allocations and the government policies that implement the optimal allocation.We analyze optimal ï¬ scal,monetary and exchange rate policy in a simple small open econonomy model with price setting frictions.We perform our analysis in the tradition of optimal dynamic Ramsey prob- lems.We characterize optimal allocations and the government policies that implement the optimal allocation

Keywords: Devaluations; Ramsey allocation (search for similar items in EconPapers)
JEL-codes: F30 (search for similar items in EconPapers)
Date: 2004-08-11
New Economics Papers: this item is included in nep-ifn and nep-lam
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://repec.org/esLATM04/up.11051.1084582208.pdf (application/pdf)

Related works:
Journal Article: Optimal Devaluations (2013)
Working Paper: Optimal devaluations (2013)
Working Paper: Optimal Devaluations (2011)
Working Paper: Optimal devaluations (2009)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ecm:latm04:337

Access Statistics for this paper

More papers in Econometric Society 2004 Latin American Meetings from Econometric Society Contact information at EDIRC.
Bibliographic data for series maintained by Christopher F. Baum ().