Opening the economy maintaining the level of employment and foreign exchange policy upside down

Paulo Arvate

Brazilian Journal of Political Economy, 1994, vol. 14, issue 4, 559-570

Abstract: The purpose of this paper is to demonstrate under which circumstances a policydesigned to open the economy may not succeed in changing employment level. This kindof circumstances happens because in this model it is considered both internal and externaldynamics to a correct arbitrage of real exchange rate. JEL Classification: F16; F13; F43.

Keywords: Liberalization; trade opening; exchange rate; inflation (search for similar items in EconPapers)
Date: 1994
References: Add references at CitEc
Citations:

Downloads: (external link)
https://centrodeeconomiapolitica.org.br/repojs/ind ... ticle/view/1303/1288 (application/pdf)

Related works:
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:ekm:repojs:v:14:y:1994:i:4:p:559-570:id:1303

Access Statistics for this article

More articles in Brazilian Journal of Political Economy from Center of Political Economy
Bibliographic data for series maintained by Brazilian Journal of Political Economy (Brazil) ().